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2 June 2020 | 1 reply
Natural gas hot water heaters, separately metered gas and electric utilities. 1st & 2nd floor have original fireplaces. 100 amp electrical service with owner's meter.
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2 June 2020 | 3 replies
In the winter, the second floor units had to open their windows since it was so hot up there.
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9 September 2020 | 14 replies
That means multis around here are hot and if you want the ones priced well, you need to do some work.
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3 June 2020 | 1 reply
Has had heavy Air B&B traffic, the only problem is I still live here.
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3 June 2020 | 8 replies
@Natalie Kolodij does this depreciation also apply to our primary residence where 1/3 of it is used as an Air bnb?
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3 June 2020 | 1 reply
Some of the terms I remember were: -Up to 75% LTV-Will lend to LLC-3-6 month seasoning period-Choice of recourse or non-recourse (slightly higher interest rate for non)-Asset based lending, and not conventional (loan depends on performance of the asset vs. your personal tax return)The market is currently in an interesting situation (especially in the Greater Atlanta Area where I invest) because although it is harder to find financing options for several of the properties that are now ready to refinance after being stabilized and cash-flowing, those same properties would be selling like hot-cakes on both the MLS and off-market investors.It has me wondering every day.. shall I wait and try to find the pre-COVID terms, or shall I sell for a profit?
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3 June 2020 | 0 replies
I can see the courts so backed up, that your tenants could live the year or more without payment. the kicker, is that to protect your investment, you will STILL need to do maintenance.I wonder, if the law that allows a tenant to live for free, would charge me for failure to keep certain provisions like heat, air, cable, water, sewer and more in place when my funds say no!
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5 June 2020 | 20 replies
My hone warranty would have fixed the AC if it broke, but mine was so inefficient it couldn’t cool the house down on a hot day last weekend.
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3 June 2020 | 7 replies
Perhaps selling now while the market is still hot and there are buyers is prudent.
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4 June 2020 | 2 replies
Ive noticed more and more that there are many distressed homes in the Bucks and Montgomery county, PA area and in light of what is going on with the economy right now, the market in this area is still very hot.