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8 June 2024 | 0 replies
North Broward Area (Undergoing Gentrification)Type: Triplex Units: Two /1-bedroom units Current Rent: $1,500 per unit, month-to-month leases Tenant Quality: Great tenants, familiar with the neighborhood, payments made regularly with sufficient funds Potential Rent Increase: Neighborhood improvements and upcoming developments suggest potential rental rates could rise to $1,800 - $2,200 within the next two years Upcoming Development: A new $2.2 million road is being constructed in the cityCurrent Market Value: $680,000Current Cash Flow: $1,500 per unit, 3 units totaling $4,500 per month Condition: Needs some work Price: $435 ,000This property is a prime investment opportunity in an area poised for significant growth and appreciation.What do you think?
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10 June 2024 | 19 replies
ADU was the biggest hype last decade and a huge disappointment for many, especially in CA. 1- big pain in the a$$ to get approved and then built. 2- super expensive in CA.3- often it reduces the value of the main home on resale, because most people want a normal private home and not some white elephant with a weird back cottage or no garage due to ADU.
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11 June 2024 | 18 replies
It is helpful to know that those growing pains and close calls/huge frustrations can still amount to gold.
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9 June 2024 | 21 replies
I will say that once the floor was down, and we found the raised spots from the debris that didn't get cleaned properly, I noticed that repairing the floor is much more of a pain than I expected it to be.
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10 June 2024 | 40 replies
To take measure of self, to learn and improve from "education via pain".
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10 June 2024 | 49 replies
Here’s my two cents:Stay Close to HomeManaging properties where you don't live can be a real pain, especially when you're just starting out.
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4 June 2024 | 0 replies
Hi BP,For folks who have completed investment projects or are just beginning to search, what are the primary/biggest problems you face?I anticipate this feedback will be helpful to the community at large, allowing us ...
6 June 2024 | 11 replies
Wow, that's a pain in the butt.
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4 June 2024 | 1 reply
Pierce CountyAverage Purchase Price: Approximately $500,000Average Rent Prices: Around $2,000 - $2,200 per month for a typical 2-3 bedroom home.Investment Appeal: With major city Tacoma undergoing revitalization and its proximity to Seattle, Pierce County is appealing due to its affordable property prices compared to King County and strong rental market.
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6 June 2024 | 39 replies
Painfully clunky and outdated interface for both guests and especially hosts.