I just listened to a TED talk that outlined the inevitability of artificial intelligence taking over the world. 80% of current jobs are service-based, and robots will very soon be able to replace all of them. We can't...
Hey everyone. I've had a duplex for the last 5 months in a C/C+ area. Original numbers and inspection report made it look like on paper that I would be cash flowing after raising rents to market rents but month after ...
Hi everyone,
I am looking to purchase a piece of property in Philadelphia using a conventional mortgage in my name and later transfer it to a newly formed LLC. A previous post from 2008 states banks won't let you do ...
I can potentially work out a no money down deal on a house that I can get for 40k-45k (Appraised value) that will rent for 600-650. There is a high voltage electric tower directly in the back yard and the neighbor ac...
The backstory - we have an investment property in Cape Coral Florida. Right outside of ft Meyers. We have had it for one year and it renting right at about 1%. Hurricane Ian was not good to us and cost us about $10k o...
Pursing a first-time home purchase and FI (financial independence) seems not possible from my position. Do you agree? What am I not considering? Should I change my risk-tolerance in order to pursue both goals? Any gui...
Hello All. I am considering buying MF property with septic system. In both units family with kids and I worry about controlling stuff that can go to sewer system. The house is 45 years old. I do not know the condition...
I am currently closing on a duplex and I plan to live in one side and and rent the other out. The electric and gas are separately metered and are easy to have these expenses paid by the other renter. The water on t...
I have owned a 16 furnished room (dorm style) rental property for 14 years and never had a tenant do this. We rent the rooms for $395 per month and it includes power, water, sewer and garbage service. We keep the A/C...
Background; I've 1031'd 4 homes in the past 3 years. I either turned one home into 2 or traded a smaller home for a nicer home that will hopefully appreciate and cash flow more. My long term goal has always been to do...