
7 January 2019 | 11 replies
A different strategy is to occupy a house for at least 2 years, while adding value; sell...military has better tax benefits...can exclude capital gains taxes over 10 years of holding.

4 January 2019 | 1 reply
This unfortunately ruins it for the rest of my investors who still would like to make a pretty penny in promising/developing neighborhoods.I have seen many of my seasoned investors start to migrate to properties in Germantown and the outskirts of U-City as well as Grays Ferry as that neighborhood has experienced the trickle gentrification from Point Breeze the same way that Port Richmond has felt the benefits of Fishtown/East Kenzo.
8 October 2019 | 15 replies
You have to subtract the original $230k you paid out of pocket first...which leaves you with $715k.Now, subtract all the lost income (now negative CF) from the months that you had vacancies, Maint. costs, CAPEX, etc...assuming 15% of rent per year, that's about $15k x 15 years = $180k...which leaves you with $535k in virtual profit.IF we just stopped there, you would have gotten $35k/year return (on average).Now, comes the big money losses.You will be operating at an average loss (and this is real money due to cash out of pocket to pay for expenses not covered from rent due to now negative cash flow) per year of at least $15k.If you had invested those losses (and since the source would have been liquid this is not a virtual thing) at a measly 5% per year, and reinvested it all every year, you'd be at almost $800k in actual real money.Anytime you accept hard cash losses, you are losing the benefit of your cash being a "verb" instead of a "noun"...and you lose all the compounded profit from you cash being reinvested and in action...forward action.

7 February 2019 | 148 replies
For me, I have no real obligations that require my additional time, so I choose to put in the work now when it's easy so I can reap the benefits later when it would be tougher.

1 July 2020 | 10 replies
And what is the benefit of SECO electric service.

14 January 2019 | 33 replies
I still have all the benefits of owning it IE use it any time .. but only pay when i actually use it..

6 January 2019 | 6 replies
Would love to chat all things RE and make some connections before our big move and hopefully develop that into a working relationship that benefits both parties in the near future.Thanks for your time.

7 January 2019 | 2 replies
Hey @Pete BroomI generally will have my clients purchase a property in their own names, giving them the benefit of all their normal financing options.

7 January 2019 | 55 replies
I don't see a benefit to you for showing up to a potentially hostile situation in person.

5 January 2019 | 6 replies
The benefit of this would be allowing the other tenants to pay for your ownership.