J Iseri
Long Distance Investing - Portfolio Building
11 January 2023 | 4 replies
As Courtney mentioned, a problem at a 4plex can potentially affect multiple units (or all of the units), whereas a problem at one house will generally be contained to that one house....along those lines: if a problem occurs at a 4plex (like the electric going out, or a fire), it could affect all of your tenants, but a problem at a house only affects the tenants in that house...However, when you're doing things like tenant viewings, it is easier to only be driving to a single 4plex compared to driving around to four different houses (esp. if those houses are far apart). ...also, the 4plex might only have one sewer main, one electrical main line, fewer windows/doors, and fewer things to break in general than four separate houses, which could result in lower operating costs...There are a lot of "double edged swords", too; for instance--it may be easier and cheaper to replace a roof on a single 4plex than on four separate houses.
Danielle Wolter
Negative Cash Flow Property - Hold or Sell?
5 August 2019 | 17 replies
What might happen is looking back, is many ask themselves why did I sell that as now it doubled in rent and value ( years later).
Abe DeHart
Cost Seg. Study on STR
8 January 2023 | 18 replies
I do not think you can take passive deductions against your active w2 income, but double check with your CPA.
Kyle Paton
Wholesaling San Diego
8 June 2020 | 5 replies
Ask if they do a high volume of assignments and double closings.
Rob Chiang
Lesson learned from an airbnb Squatter
19 October 2022 | 24 replies
I think you did the best you could on this double decker fiasco.
Jack Knight
pros/cons of doing basic rehab without a permit
9 January 2023 | 11 replies
Double check with your local codes to be safe and go get it done.
Kailas Tare
Can I start light rehab work like paint etc before closing
9 January 2023 | 14 replies
Never put yourself in a situation where some crazy idiot can put you in jeopardy.
Chris Seveney
We Are Gonna Find Out if Wholesaling Is Legal in MN...
5 January 2023 | 8 replies
Some states will allow you to skirt around that so you don’t have to double close.If a license is going to chase you away, you were never meant for the business anyway.It can be as simple as having your acquisitions person sign the contracts for you like a managing member of the LLC.
Dale K Poyser
Best cities for RE Investing in Southern California
19 June 2019 | 45 replies
Prices have doubled in the decent areas and tripled in the hot areas.
Christopher Curry
I am looking for advice on my soon to be adopted tenants?
9 January 2023 | 4 replies
Hi Chris - double check of what the 20K collection for.