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27 December 2024 | 93 replies
There is no way I can build this and come out overall profitable.
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31 January 2025 | 2 replies
Thankfully, we caught it during the plan review stage, and with a stamped structural design, they got the kitchen of their dreams—without jeopardizing safety or facing surprise delays.Here’s what to think about when renovating:Structural Changes: Even moving a wall can have ripple effects on the stability of your home.HVAC Systems: New layouts might need adjusted airflow or ductwork.Plumbing and Electrical: Moving sinks, showers, or outlets requires careful rerouting to comply with building codes.Before starting demolition or submitting permits, have your plans reviewed by a licensed engineer or architect to avoid costly surprises.
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3 February 2025 | 2 replies
Bonus Tip: If this quadruplex is out of state, I’d highly recommend building a reliable local team (cleaners, handymen, etc.) and maybe consider hiring a co-host or VA to help with day-to-day tasks, especially if you scale up.
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16 January 2025 | 3 replies
Definitely talk to an attorney if you go that route.One big thing: since you haven’t been inside yet, be ready for surprises on the repair costs.
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23 January 2025 | 4 replies
Build equity while gaining experience as landlords.
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4 February 2025 | 87 replies
But in addition to that, I also connect my tenant buyers with lenders to help them get ready to exercise the option.
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6 February 2025 | 2 replies
I updated the bathroom/porch in the spring, and am finishing construction on a 2-stall garage (the previous garage was basically a large shed that I could not fit much in).Moving forward I am considering one of the following options to put my money and build equity:1.
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21 January 2025 | 3 replies
Keep in mind that only the "building basis" can be segregated and will benefit from accelerated depreciation.
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28 January 2025 | 9 replies
Are you saying that because of this unit, the building might not be able to be refinanced?
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29 January 2025 | 0 replies
I want to be a source for these families and help build their resources to become successful.