Mustafa Shaikh
RAD Diversified Review — It Wasn't Pretty
19 January 2025 | 147 replies
The $56-a-unit process requires landlords to be up-to-date on their property taxes and for the properties to be free of any safety or building-code violations.Since landlords are not legally permitted to collect rent from tenants of a home with an inactive license, the system is designed to serve as a check on property owners, forcing them to address safety violations and pay their taxes.But Philadelphia’s Department of Licenses and Inspections lacks the resources to hunt down property owners who flout those rules, said Karen Guss, a spokesperson for the agency.
Ryan Sajdera
Is leasehold property a good idea?
20 December 2024 | 3 replies
So I'm confident I could find a solution, but would probably be forced to walk away if there was no favorable outcome for lease termination for the investor.
Hemal Adani
Anyone has invested with Open door capital? How was your experience?
22 December 2024 | 105 replies
I control the price I buy at (equity gain at the buy), I can force appreciation on my own terms, I get the monthly cashflow, I get direct tax benefits, appreciation and loan paydown that directly affects my net worth since I own the asset.
Steven M.
Question about taking out home equidy loan to lend to my LLC for investment property.
13 December 2024 | 5 replies
For example:If a wrote up a contract between myself and the LLC for a loan on said money and the LLC was sued and forced to sell the property.
Shawn Tuma
MF House Hack w/ VA Loan
19 December 2024 | 10 replies
It’s all about finding a balance between purchase price, financing terms, and smart rental management so you’re not forced into the red.
Tonio Pearce
Should I create a baseline template business plan?
23 December 2024 | 9 replies
Taking the time to create a baseline business plan forces you to think through the "why," "how," and "what" of your real estate endeavors.
Akil Mitchell
Buying a property with occupied illegal unit
13 December 2024 | 3 replies
You won't be forced to de-convert unless you have violations...eventually the city will start fining you.Very critical terms are non-conforming (no violations - grandfathered in) vs. illegal (violations)...
Kyle Luman
Cash flow vs equity discussion in recent Podcast
13 December 2024 | 13 replies
This forces people to relocate.
Kayla M.
Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
I can have my clients give me feed back if you want to send me the address via PMAlso I got stuck with a few props there when my first balt client imploded ( of course i was in them at wholesale levels) but I exited with ASHLAND auctions and we recouped generally speaking.Also Section 8 there pays a very large amount compared to most markets if your forced to keep it I would go that route you can get 1600 to 2k on section 8.
John Williams
Downside of the 1% rule...
23 December 2024 | 34 replies
Except for forced appreciation, you have no control over appreciation after you buy a property whereas you can make decisions along the way to improve your cash-flow.