
27 April 2019 | 9 replies
The owner can legally implement a community rule change banning the use of oil heating and force all residents to replace their furnaces to use electric or propane/natural gas.Be careful in assuming a community owner has no rights or taking advice from those that do not invest in land lease communities.

22 April 2019 | 14 replies
A few points I would like to second:$190k for a duplex seems high, not sure what market you're looking at.BRRRR is a big time committment but if you do it right it can result in higher overall returns due to forced appreciation.You are more likley to be successful at BRRRR if you have construction skills or know people who do.

19 April 2019 | 19 replies
Hey - the cap rates in that area / west Baltimore are around 8% stabilized for C class.

5 July 2019 | 32 replies
It has forced me to spend the time in finding people that i trust and putting rock solid systems in place. now that i have a team i can count on, it is usually pretty seamless. if i am not going to be physically doing the rehab, what is point of even being close to the property?

17 April 2019 | 3 replies
Didn't want to force it for fear of breaking the valves.

10 May 2019 | 24 replies
and MF units that would likely cashflow (seen a few duplexes on CL, driving around, one of which was unlisted in a seemingly great spot in Charlotte for commute time and being forced to be sold via court order ;) )-- Still need to call the number associated with that one (didn't have a price).

18 April 2019 | 2 replies
Factors I'm aware of that might help determine the most efficient answer:-tax writeoff of interest portion of mortgage payment (most impactful during early years of mortgage) -margin of net rental income after all expenses -ability to qualify for attractive interest rates on additional mortgagesBasically I'm just trying to get the most bang for my buck.

18 April 2019 | 6 replies
Biggest take-away here is that who you have on your team makes a huge impact on your success.

17 May 2019 | 25 replies
None of my clients are forced to take my recommendations if they know someone who is reliable and will close.
19 April 2019 | 4 replies
Just make sure you're factoring impact fees...they're usually not cheap and will likely apply if you're splitting the lot.