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28 November 2016 | 3 replies
I just got bit in the rear b/c Albany reassessed my property for what I paid for it (duh), which effectively doubled my property tax liability.I'm owner occupied, and with my first purchase I was primarily concerned with simply making sure the income covered operating expenses, and not terribly concerned w/ driving profit, but I was relying on the ~$200/mo I was making above cost to help subsidize fixing up the building, and now I'm about $50 south of the property costs.Paying $50 a month to live in my 4-unit isn't bad, but if this was a classic investment property, I'd be pretty ripped :)
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7 March 2020 | 18 replies
@Allende Hernandez, you have the classic problem of needing a "smart key" to open a "smart lockbox".One option is to put a traditional lockbox (large size) which has the smart keypad type device where the user enters a pin you have remotely configured and assign to them.
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10 November 2016 | 6 replies
IMO, there's nothing special about B&H, it's just a classical offer to purchase.However, there are differences between Residential (small 2-4 units) vs Commercial agents (5+) and if you're going MFU, be sure to seek a Commercial Agent - - their approach and understanding of investing is WAY different and will be an asset to you.
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6 April 2017 | 13 replies
Classically, the base color is a light TAN with strong Chocolate trim and accent pieces.
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15 July 2015 | 12 replies
One of my thoughts is the classic flip, but I would need to team up with a good general contractor.
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26 December 2015 | 8 replies
If you are okay with living in the duplex, let it season some, and, as mentioned, keep saving up for the down payment on the next one while studying the market and expanding your landlording skills--both on the ground with the duplex and with books (I have a Classics of Landlord Lit" blog post, but you may have burned through the core reading).
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15 September 2011 | 19 replies
Tight (slim), Classic, Baggy.
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24 February 2014 | 58 replies
It's a classic investment strategy, especially In areas like SF Bay that have high appreciation rates.
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20 January 2014 | 36 replies
So they've each made their case and it's now the classic "he said, she said".
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3 January 2023 | 5 replies
Just like a classic car buried beneath the weeds in a field, a keen and well trained eye can restore an old home to its' true value.