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23 May 2024 | 11 replies
You’re on-site for maintenance issues or tenant concerns, which cuts down on the hassle of traveling to a separate location.Loan Accessibility: Getting a mortgage for a duplex can be easier than financing other types of investment properties because you can use the potential rental income from the second unit to help qualify for the loan.Tax Benefits: Owning a rental property can open up opportunities for various deductions like mortgage interest, property taxes, operating expenses, and depreciation.Disadvantages of Investing in DuplexesPrivacy Issues: Living so close to your tenants means less privacy.
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20 May 2024 | 32 replies
It isn't exciting but it is very neutral, and cuts in easy for repaints.
22 May 2024 | 18 replies
Many lenders are requiring longer seasoning requirements, will ask for a second appraisal, and will cut value if the comps on the appraisal do not support the value of the property.
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21 May 2024 | 16 replies
What investors don't understand is that their ignorant focus on the cheapest price, attracts either bozos or cut-rate companies to cater to them.
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21 May 2024 | 2 replies
Add into the equation the cost of materials and it makes sense that builders are finding ways to cut overall build costs and one of those ways is to buy land cheaper.
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21 May 2024 | 4 replies
House hacking helps with costs and uses current savings while waiting to save more cuts debt.
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22 May 2024 | 30 replies
In this way I believe I cut the economic interest of the PM to continue create/find creative problems in order to rise their repair %.
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20 May 2024 | 18 replies
I appreciate that people out in the rest of the country may value the clean functionality of this kitchen but from my experience in the NYC/NJ market this kitchen is a few decades over the edge.
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20 May 2024 | 27 replies
I only ask because even some of the locals tend to confuse the northern edges of Dayton proper with the Old North Dayton neighborhood.
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21 May 2024 | 4 replies
I've been searching for a while here on BP but have not found a thread related to my situation:I've been renovating and renting a property for just over 2 years and may be in a position to sell/close in the next 30-60 days.I am trying to cut-off major projects at this time to make a clean break, however we have committed to replacing windows in one of the units (windows are already ordered), with total project lead-time of 45-60 days (windows have been hard to get for the past year).In the event we have a closing date PRIOR to window installation, how should we handle paying the contractor?