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11 February 2025 | 0 replies
In my limited understanding it seems like the aforementioned brick needs to be reattached.It is my belief that the damage to the lintels, bricks and the internal water damage is due to the roof.
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27 January 2025 | 0 replies
Recognizing their critical role, the Best-Performing Cities (BPC) index evaluates the relative economic performance of 403 metropolitan areas, providing valuable insights into the strengths and vulnerabilities of these economic powerhouses.The BPC index utilizes 13 key metrics, combining labor market conditions, high-tech industry growth, and access to economic opportunities.
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17 February 2025 | 12 replies
Lead-Safe (in Philadelphia) is defined as a unit being identified to have positive lead-paint components within the unit; however, if the wipe samples come back below the legal limit, the unit is determined safe for their occupants.
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6 February 2025 | 5 replies
If you continue using it as a rental but reduce STR activity below the material participation threshold, your deductions may become passive and subject to loss limitations.2.
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16 February 2025 | 10 replies
Also there is limited housing stock in and near dc because dc has height limits and the majority of the area is not densely zoned it's like any market - some areas are hot some not so much.
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15 February 2025 | 3 replies
Working to systemize this business to run efficiently with future limited supervision to then take the cashflow/profits to continue investing in building our long term rental portfolio as well as invest in other business endeavors.
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22 February 2025 | 7 replies
Bank Recommendations:Chase and Bank of America are popular because of their extensive business banking features and integrations with bookkeeping tools.Smaller community banks or credit unions can offer more personalized service and lower fees, but make sure they support series LLCs.Online banks like Novo or Mercury are great for tech-savvy users who want low fees and easy online management.What to Watch Out For:Hidden fees for transactions or deposits.Limitations on the number of accounts or ACH payments.Difficulty in maintaining clear separation between the series, which could risk the limited liability protection of your LLC.Since you’re using a Series LLC structure, it’s crucial to keep each property’s finances completely separate to maintain liability protection.
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26 February 2025 | 10 replies
They are either speaking out of their limited experience or claiming something is legal or illegal based on personal preferences. 🤓🧐 thanks Scott:)
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11 February 2025 | 7 replies
SFR with ADU is no problem. but if you're considering adding an ADU to a multifamily property, consider the limitations you're creating on your back-end buyer if you decide to sell, or your own financing if you choose to refi.
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18 February 2025 | 1 reply
If the index underperforms—or if caps and participation rates limit returns—you might not get the growth you expected.4.Other Funding OptionsFor most real estate investors, it’s worth comparing mortgages, HELOCs, or partnerships.