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23 May 2018 | 15 replies
You can do flips to give you cash for rentals.Good luckI definitely agree with this, nevertheless I feel rentals are somewhat slower in terms of building wealth due to the mortgage and other fees eating away into the positive monthly cash slow.
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24 February 2019 | 35 replies
https://www.bls.gov/regions/mid-atlantic/news-rele...https://philly.curbed.com/philadelphia-market-repo...Philly has many interesting neighborhoods, great eats from cheap to expensive, culture, history, parks, etc.
27 November 2017 | 17 replies
My initial thought thought on investment due to my current situation was just a condo unit or townhouse, but looking on MLS and the strata fees I find are just ridiculous sometime and I feel like these could eat up costs as well as defer any potential future buyers.
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14 November 2017 | 11 replies
Get your cash (tax free) and eat your cash-flow too.
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14 November 2017 | 49 replies
I think a seller would eat your lunch if you were to tell them exactly how high you'd go.
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11 November 2017 | 13 replies
If I pay my foreman $30/hr, I’m lucky to go out the door of an at-cost of $45/hr, I got to eat and keep the lights on too so per hour rates here won’t even come close to me.
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9 February 2018 | 18 replies
And you said you had to eat December rent , so that wiped out , what ?
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30 December 2017 | 5 replies
@Joe Villeneuve, Ok I came up with two different takes on your number; 1) Its how many bytes in a gigabyte2) It is also 2 raised to the 30th powerIn the meaning of #1 I relate it to the question "How do you eat an elephant?
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1 January 2018 | 3 replies
Need some advice here on pest control.This is the third time in two years that I have to pay a professional pest control company to come treat and bait for roaches, specifically German roaches.Last time the tech told me German roaches are "brought in".Since they are otherwise good tenants for four years I decided to eat the cost of $300 each visit.Year 1 and 2, never ANY issue.
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29 December 2017 | 0 replies
Possibility of higher repair costs: i.e. an overflowing bathtub on a high floor may require repairs to several unitsHigher turnover rate - turnover is costly because property must be cleaned and repaired, plus the legal and other costsVacancies take a proportionally larger bite from your incomeApartment complex investment Cons:Requires more secure financing when more than four units, including higher down payment and reservesManagement fees eat into profitsVulnerable to a downturn in the community, since all units are in a single placeRelatively illiquid investment, costly to dispose ofPossibility of deadbeat tenantsFrequent turnover