I am looking to add:- one syndication investment (not multifamily because I invested in 3 multifamily syndications in 2024)- three turnkey rentals in the Midwest (only vertically integrated management and construction/repair turnkey)- one mixed-use property in NJ (Main Street mixed-use is what I like with at least two retail and two residential)- one flip in NJ (buy price between $500k and $750k, reno $200ish, profit $200k min)I am also looking to:- do two bathroom renovations in my personal residence (and one in my DADU over my detached garage)- do a complete yard makeover, adding a plunge pool in my backyard- start planning and development on a 5-acre plot of land I have near Woodstock, NY for a 4-STR groupingI am looking to sell:- nothingWhat is in your 2025 buy box?

You are best off getting a plumber out there ASAP to identify the leak and repair it.

@Yents Ybrimovic If the 203k loan only requires 3.5% down and you can finance all the repairs in the loan - then what exactly is your friend contributing?

Within minutes of uploading entire disclosure packet, it automatically detects various type of documents (home inspection, TDS, solar, roof, pest etc.) and creates an insightful report of safety risks, costly repairs.

Who gets to decide if a repair that appears to be needed is real or fictious, created to reduce the net available to the lender? 

@Maria JeanetteHere are some of the downsides of putting real estate into a self directed IRA or 401k.No tax deductions: You can’t claim deductions for property taxes, mortgage interest, depreciation, repairs, improvements and other property-related expenses.Property expenses: All expenses, repairs, and maintenance costs must be paid with IRA or 401k funds.

Hey @Steve Johnson, I found your website but it does not explicitly mention HVAC and I actually was about to ask on the forum if anyone had a recommendation for a furnace repair job... not a big job, one unit in a duplex not working properly.

In MA, tenants generally have 30 days to pay repair costs.

Tell them to get out in seven days, use the deposit for unpaid rent, cleaning, and repairs.

Certain expenses are all lumped together for the sake of the P&L like insurance and taxes and others like repairs and maintenance can be viewed collectively or by individual property.