I happened to start learning about private equity funds, stakeholder capitalism, and the housing crisis last week and also started getting more active on the BP forums.I posted about struggling with finding investors for syndication and got some good comments about why this is the case for many syndicators right now.One comment referred to something about FEMA flood insurance rate maps and that rang a bell in my head about a random old piece of land I got a few years ago when I was heavily into tax deed auctions in Florida.

You are one of the best at knowing your worth and owning as positives what others see as negatives.Stay well and quit causing trouble! 

Your insights, advice, and experiences are invaluable and we'd be grateful for any guidance you can offer.Specifically, we're interested in:Understanding local market dynamics in Pinellas and Hillsborough counties.Strategies for evaluating duplex properties for their investment potential.Effective property management strategies.Fostering positive tenant relations.Avoiding common pitfalls and mistakes of investing in this area.Engaging in potential business deals.Networking opportunities.We invite your insights and hope to ignite discussions that could lead to mutual growth and potential collaborations.

Also banked on its appreciation over time and leveraged the equity gains on subsequent deals.

Did rents increase to the point where you became cash flow positive?

get an umbrella policy to protect yourself, see if you need a rental license in your municipality. an LLC is only for insulating you for liability and anonymity, it will not save you on taxes and you really dont need to worry about it with one property imo . you cant protect a single property from lawsuit, insurance is what covers you just make sure you’re up to code. insurance will always look for a way to get out of covering an incident.if you register, you’ll want to report the income. if you make less than expected after deducting costs, then it’s time to raise rent. you wont be able to reduce more to reduce other income streams since you're not a full time real estate investorin the future if you ever sell, because it’s a rental now you will owe capital gains on the property. philly is probably like ohio and not california with it’s YoY growth being tied to inflation. with that said your profit is mainly going to be the equity you build from your tenant paying your mortgage. the money earned monthly should be saved as youre doing in case you have a capex repair/replacement come in like HVAC, roofing, etci advise you pay for an hour to speak to a CPA to better your options.good luck

Landon DolezalOver the years I've sold lots of property that was generating positive cash flow.

I can definitely tell you there's still a lot of positive cash flowing and 1% rule deals and you get amazing appreciation.

Interest rates are so high it seems impossible to build a cash flow positive portfolio using loans.

You have more potential to gain equity through appreciation with multiple homes than one commercial property.