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10 July 2020 | 2 replies
This helps to reinforce the fact that when it comes down to the basics, housing remains a clear priority to nearly everyone.
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6 July 2020 | 2 replies
The Covid-19 pandemic has once again reinforced the power of being in affordable housing.
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27 July 2020 | 33 replies
Bed frames can also be reinforced by welding the joints solid.
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20 July 2020 | 6 replies
I think you reinforced my line of thought that a good contractor is fine and just pay them for their time.
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17 July 2020 | 1 reply
Is there a proper reinforced footing?
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2 August 2020 | 10 replies
Let's say the property is in a B area that's desirable, older building, and has a lot of deferred CapEx (structural [like floor joists need to be replaced, brick work needs to be repaired, few walls in basement reinforced] roofs, etc) and all units need to be completed updated--it's a value-add opportunity through and through, as rents are also well below market.Collected income from T-12: $66,800Operating expenses from T-12: $30,200 (does not include CapEx or debt service, ~45% of gross income)Resultant T-12 NOI: $36,600As-is potential annual income: $78,000 (basically, if the vacancies were filled and 100% collections on rents)Assumed market CapEx: 6.5%After repositioning annual income: $112,800CapEx required to reposition: $200,000If we use a simple T-12 valuation at 6.5% cap rate, that'd be $36,600 / .065 = ~$563,000 valuation.
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4 August 2020 | 5 replies
@Mahran IzoliI would investigate first to see if it is settling, or floor joists that need to be reinforced.
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13 November 2020 | 215 replies
Not $148,000 if you took 37% of $400k.Again, not saying i'm for taxes, but I think many people overestimate what they think they pay vs what they actually pay.You are reinforcing my point.
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19 August 2020 | 22 replies
Since no one seems to have a clear grip on cost to reinforce or govt actions to compel same, those props are kinda in limbo.
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23 July 2020 | 13 replies
Originally posted by @Jameson Hedin:@Michael Plaks My student loans hit after I graduated, wife stopped working to have a baby so no, we wouldn’t qualify b/c of our debt to incomeWhich only reinforces my point that you need to consider your situation holistically and not just from the narrow angle of avoiding capital gain taxes on a sale that may or may not be the right direction.