In my opinion, the more income you have, the higher the allocation should be towards stock / fixed income.As much as you can make real estate passive(Hiring a PM, getting into syndications), there is still a level of work that you need to do.Why spend hours when you already can afford what you can.The extra return isint' worth it.

Hey BP folks!

It becomes a calculus exercise. the extra thousand raises seller costs, but should cover the extra costs at the margin in most instances. 

My GC primed and painted over them a few times thinking they were just old, stubborn stains that needed extra product, but they kept coming back after each rainfall.I hired a water intrusion detection company to help me pinpoint the problem - they said the new roof seemed solid and that based on infrared and temperature readings, the moisture is coming in from the partition walls.

Hello Davin, i would not recommend you spend the extra money on a financial advisor at this stage.

As an MTR I can get $2,200 but I need to pay an average of $200 for utilities and an extra $100 for vacancy reserves (I self manage so no increase there).

Its a gamble to go the permit route or not in Philly and absolutely matters the neighborhood/your neighbors as they are usually the folks that will call L&I on you OR if your property is near other construction sites where inspectors would be traveling to/from. 

My friend and I are interested but would like 1-2 other folks to get the pricing down.

I did receive an e-mail from them last month recommending that i offer a 10% discount which i was already doing.Forcing an opt out just upsets folks.

But I'm him, so that isn't fair :) But seriously, would love to help and can put you in contact with folks we work with if you want to pick their brain.