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26 August 2024 | 18 replies
I think, in general, unless you're an extremely high W2 earner just looking to get into real estate for tax purposes, buying for cash flow gives you the durability to weather market fluctuations as you're never in a position where your back is against the wall and you need to sell... unless you have debt coming due.Now, that being said, if the true cash flow, after allocating for all expenses, vacancy, maintenance, capex, etc. is in the black, then I think taking a 5% CoC return in an appreciating market isn't a bad move, especially if there is a component of value-add.
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25 August 2024 | 30 replies
I prefer durability and simplicity over style.
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22 August 2024 | 5 replies
I'm trying to find something more durable than carpet (seems to only last a few years) and am turned off by pricing on vinyl plank.
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21 August 2024 | 9 replies
The floor prep has to be 100%, plus if you apply but then need to pull up and move one or two, the adhesive becomes less durable.
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21 August 2024 | 9 replies
Compared to wooden retaining wall store or concrete retaining wall more durable and long lasting?
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22 August 2024 | 29 replies
I recommend installing automation as one differentiator fromother properties.The furnishings must be durable and attractive to tenants.Quality photos and a property-specific website that provides extensivedetail about the property, the area, fun things to do, etc.Flexible lease terms.
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18 August 2024 | 2 replies
Overall, we like LVP for the durability factor.
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13 August 2024 | 11 replies
I kinda durability, and longevity to be as important as price point.
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8 August 2024 | 8 replies
Composite materials are another option; they’re durable and low-maintenance, but they cost more initially.
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8 August 2024 | 11 replies
They are often classified as operating expenses or maintenance expenses rather than capital improvements (assets).Washer/Dryer/Stove/Refrigerator: These are assets as they are considered durable goods that will benefit the property over an extended period.New Baseboards/Trim, Doors: These are generally considered assets because they enhance the property's value and are not typically replaced frequently.Furnace/AC: These are significant components of the property and are categorized as assets due to their long-term benefit.Paint, Light Fixtures: These can be a bit nuanced.