I’m a fairly new investor and in process of acquiring a multi-family unit with 4 doors. What should I be made aware of or lookout for that may differ from purchasing a single family home?
Hi everyone! I have a question that may seem silly but I’m curious to know if I can house hack a duplex and rent out a triplex at the same time. I’m aware that I would have to put down 3.5% on the duplex since I’ll be...
I am considering purchasing a building to convert to an assisted living community. The community would be run by a more experience operator. I would simply hold the building as the landlord. Purchase price is about...
Good morning everyone, I had some general questions on which idea would be better to start off. I was looking into fixing up and renting a single family home but I just want to make sure I’m starting off correctly. Si...
Hello all! Looking to update my current network of contractors as I embark on an update of a Merion Village home. New kitchen, 2 baths, flooring, small scale reconfiguration of upstairs floorplan. Looking for someone ...
Just checked the mail and there they were: rent checks ON TIME from previously "bad" tenants. My friend @Mindy Jensen had a post recently concerning what was a favorite lease clause landlords have. My response was the...
Currently at 7 doors, closing on 8th door this summer. Split: 2 multifamilies, 1 SFH. Market value ~ $1.7M. All cash flowing, mix of long term and STRs. I have enough equity in 1 of my properties to pull out a $100k H...
Hello Tax pros,I am planning on executing a 1031 Exchange (simple one - no boot, same owner, etc.) using IPX 1031 sometime over next couple of months (already had call with IPX) and had a question relating to my taxe...
They are here on a corporate assignment and leaving 6 - 8 weeks early. They haven’t mentioned anything about paying the fee. I have a way I’d bring this up but want some perspective from those that may have had to do ...
Investment Info:
Single-family residence buy & hold investment in Denver.
Purchase price: $485,000
Cash invested: $40,000
I purchased this 2bd/2ba single-family home to live in while making impro...