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24 February 2025 | 8 replies
We remedied the situaiton by installing 1 mini-split on the lower level.At another ranch house with boiler heat, which the previous owner had updated with a newer high efficiency unit shortly before our purchase, we added central air with the entire unit and all the ductwork in the attic.
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12 February 2025 | 0 replies
This creates a high demand on the land that is buildable.
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5 February 2025 | 54 replies
Prices in relation to rent are too high to have the cushion that was available before.
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30 January 2025 | 24 replies
This is especially true of small mom & pop businesses in high end areas.
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23 January 2025 | 14 replies
We have a niche market due to the hospital and university which has pros and cons but my properties have continued to perform well for me.
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11 February 2025 | 8 replies
Cleveland and Dayton can be great markets for high cash flow and low purchase prices, but you need to be careful when navigating the neighborhoods so you're not buying in a D/F class area where no property managers will manage and where you'll never see any positive cash flow.
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19 February 2025 | 27 replies
Highly recommend it!!
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26 January 2025 | 2 replies
One of the biggest challenges for everyone involved is being on the same page about the actual time required for maintenance.DIY landlords rarely properly track their time when it comes to property management in general - tracking their true time invested in maintenance is where they perform the worst.Investors that hire PMCs are rarely any better at understanding the true amount of time maintenance takes.
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23 January 2025 | 45 replies
But let’s go a later deeper - my down payment would come out of a well performing stock portfolio.
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16 February 2025 | 6 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.