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Hi all! First-time investor here looking for any and all advice. I want to lay out my current situation + goals. I apologize in advance for any overshares, but my hope is to be hyper-transparent to get some advice spe...
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Was hoping to get some perspectives on a three unit (2-2br, 1-1br) deal I'm evaluating (would be my first property). I put a quick analysis below (hopefully it's clear). It doesn't appear to have the best numbers but ...
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Had an interesting discussion in the Department Heads group today where our CEO who has done more than 3000+ transactions and has an industry experience of 20+ years opined on the possibility of the election results i...
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If you had $90K to invest using funds from a Self Directed IRA how would you use it?
I have been thinking about this for some time. Here are some of my ideas and I would love to hear what you would do.
Option 1: Pu...
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I came across an individual wanting to sell all his duplexes built in 2009. The asking price per unit is $152900, they rent for $895 a month and property taxes come out to about $2551 per year. I am not sure what in...
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I know the general rule of thumb is that you put aside 35% of your rental income for repairs/maintenance. Is there ever a point where you don't need to set it aside anymore? Common sense would tell me no because thing...
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Looking for advice on whether to pay off the mortgages on our rentals over the next 5 years or to pay off our primary home mortgage. Not sure if there are advantages to either option considering the new tax laws. The ...
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Commercial pro's1. Financing is based on more on the asset than the credit2. It can force appreciation easier by doing renovations and increasing rent.3. More income potential4. Multiple commercial properties can get ...
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Tenant complained of faint sewer smell.
Plumber snaked camera into pipe from toilet and identified broken pip with water popped where it shouldn’t be.
Estimate is $20,000 to excavate, replace and potential foundat...
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Hi BP!I'm in the tenant screening process with my first rental (a duplex in Philly). The bottom unit is a 2 bedroom that's roughly 700ish sq ft. I would prefer to limit the number of tenants in that unit to 2 (1 per b...