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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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21 December 2024 | 8 replies
Feel free to reach out for assistance!
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20 December 2024 | 3 replies
All are on separate 800 square foot floors, with front and back door egress, well maintained and gut renovations were completed in 2019.
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22 December 2024 | 23 replies
This allows you to invest in another property while maintaining the asset.Alternatively, a 1031 exchange lets you defer capital gains taxes by reinvesting in higher-yielding or diversified properties. 1031 has limitations.
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17 December 2024 | 6 replies
Even then, you can expect they won't be able to maintain the home to the same level you did while living in it.
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18 December 2024 | 13 replies
Quote from @Lauren Cartmell: Quote from @Bruce Lynn: Happy to assist you Lauren.
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11 December 2024 | 1 reply
When it comes to selling properties, I firmly believe in maintaining transparency throughout the process.Let me share some insights and experiences regarding this important aspect.● Resident Impact.
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20 December 2024 | 2 replies
I've rehabbed old downtown buildings in a nearby city to Milwaukee.I'll see how I can assist Stormi.
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21 December 2024 | 6 replies
I want to make the best decision while honoring my agreements and maintaining professional integrity in this deal.
18 December 2024 | 2 replies
Always maintained, and in great condition.