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21 September 2021 | 9 replies
And so does her daughter so I think it's in safe hands for at least another generation.Oh, and as for the guy I met here on BP, I'm paying him to oversee everything and keep things on track.
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16 September 2021 | 0 replies
With contractors hard to find and materials costs still elevated well above where they were pre-pandemic, BRRRRing is not nearly as safe a bet as it once was, especially not with a ticking clock of a hard money lender.I've noticed on the podcast lately they have started saying things about "Just getting in" and "not trying to find the perfect deal", but just something that "gets you in the game"...
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22 September 2021 | 10 replies
Even knob and tube, if intact and unbothered, is intrinsically safe.
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5 October 2021 | 6 replies
For example if the problem is with the wiring, you would almost certainly need to hire an electrician to do the work and then certify to whomever that it is now safe.
17 September 2021 | 5 replies
We try to ensure the salt is applied enough to keep down dangerous/slippery ice and to keep the snow melted, but we don't want to go overkill having a "zero tolerance" ice policy like hospitals have, we just want to keep snow and ice down to an acceptable and safe level, without going over-budget.For some of our buildings where salt seems to be really deteriorating surfaces (mainly building sidewalks and masonry stairs) we thought about using a different product (either calcium chloride or magnesium chloride) however while they are less damaging than pure salt, they are also more expensive (something we are trying to avoid).What do you other landlords do that have midsize (10+ unit) buildings?
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29 September 2021 | 8 replies
Your best bet is to get quotes for an independent insurance agent.
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17 September 2021 | 5 replies
An attorney will be your best bet.
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13 October 2021 | 4 replies
If the business was to go under, your personal assets (cars, home, boat, etc.) would be safe.
15 October 2021 | 2 replies
You bet big, you can lose big.If your wife is onboard with all this, start slow and see how you both like it.Find out how much your current home will rent out for - and then use 90% of that for your estimates.
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18 September 2021 | 6 replies
I would bet that 99.99% of agents you might work with are not going to know that or know much about how to guide you to buy one that would be on the 10% (I am not an agent nor an STR expert).