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20 February 2024 | 0 replies
Good basis for fighting the ever-more-frequent push for rent control:stlouisfed DOT org/on-the-economy/2024/feb/what-are-long-run-trade-offs-rent-control-policies
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22 February 2024 | 50 replies
Go put your 600k in to a short term treasure bill and collect your 5% until you have educated yourself enough to know exactly what,where, and why a piece of real estate works for your specific situation.
22 February 2024 | 7 replies
Envision two "bricks" connected by a "short" piece so basically your window is closed ~90%.
23 February 2024 | 65 replies
This is an interesting thing to understand as so many people are working hybrid or remotely now for regular W2 jobs.Evan -The distinction between "business" and personal use, especially in the context of home office deductions, can be complex and is subject to tax regulations.
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21 February 2024 | 7 replies
You have two steps available to you here, and you might be able to do both of them, you can at least do number 1.1) Given you already have the cost segregated on your building, assuming you had a good quality cost seg study that breaks out the different pieces of the roof, dispose of the old roof and take a loss on that old roof.
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21 February 2024 | 9 replies
I would imagine they would look at it and ask why would anyone rent a tiny piece of land that barely has space for a home.
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21 February 2024 | 8 replies
I am not making any snap judgements here, but how you purchase is a pretty significant piece of the puzzle.
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23 February 2024 | 35 replies
A Perfect nice 3/2/2 1400 sq ft per side is 575k , this one could be 365k if they accept my offer i sent last night) this rents for 1600 the perfect one rents for 1850-1900 but takes 6x the cash to get in breaking all the returns with cash flow going to 0 , Cash on cash going to 2.3%, and cap going to 6.7, overall a larger piece to manage.
21 February 2024 | 51 replies
Zillow and other large screeners are not able to piece-meal the background screening information to keep landlords in compliance.
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22 February 2024 | 21 replies
@Daniel K Houck I have 2 kids and a wife and they don’t want to house hack either so I can relate to your post.The BP Money series interviews a bunch of people where Financial Independence is achieved through frugality, REI, and investing.The story is the same there-start young, make sacrifices before kids, rent out your bedroom in your apartment and sleep on a sofa and grow your own food and use K-cups twice and count each piece of toilet paper etc…and by your mid 30s you are free!