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13 May 2024 | 7 replies
I am looking to borrow 50k from equity in a 4 unit investment property to use as a downpayment on a personal residence.
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14 May 2024 | 15 replies
. $80k will net you $1200/mo.That said I am of the opinion that rent rates (up significantly since Covid) are plateauing, I don't expect to see them climb significantly higher.Regardless, factor my position of being a cash-in-hand personality who doesn't much care if the hype is telling us to buy-buy-buy or run for the hills.
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13 May 2024 | 13 replies
I would be happy to refer you to the right person if you are interested, just let me know!
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14 May 2024 | 16 replies
Personally, we're okay with properties that cashflow decently, but have long term appreciation upside too.
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14 May 2024 | 4 replies
Usually contractors in Philadelphia will carry commercial general liability coverage which covers property damage, bodily injury & personal injury.
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13 May 2024 | 1 reply
i want to keep the group small. not like industry scale crowdfunding.if I can find a property which has okay cashflow (which is hard anyways). and can collect around 10/20 people who wants to invest some cash each.I build a company to own the property and give each person a share. and give yearly dividend to each, until sold.
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14 May 2024 | 5 replies
I tried self managing my first year, it didn't work out great as I rushed and rented to the first person I found.
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14 May 2024 | 9 replies
A queen bed is 5'x6.5' which wouldn't leave much room for a person to walk on either side, a night stand or a dresser.
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14 May 2024 | 10 replies
Personally, with one of the rates that I have on a different duplex - I would consider doing a refi if rates dropped 2 points because I know I'd be cashflow positive and could hit the LTV with updates that I've done to it over the past 6 months
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13 May 2024 | 13 replies
Recommend only one person notifies him and not two.