Account Closed
Stock Market returns
Scott W.
Not to sidetrack to a stock market discussion, sure if you go back 80 years the number is correct. But my investment horizon is much less. In any 10 year period the return can be negative as well. Also I thi...
Jack Synesael
Applying for a Home Equity Loan on a rental - PLEASE HELP!!
Hello BP!
I currently have 3 properties in the Raleigh/Durham area - 1 primary, 2 rentals. I am looking to pull some equity out of the rentals to fund another investment. From the research that I have done, most lend...
Lauren Schifferle
LTV - What's an Extra 10% Worth?
I'm refinancing my primary residence (2-unit, owe $30k), assessed value is $168-180k, that I plan to hold indefinitely. I don't understand how to evaluate the benefits and marginal cost of an additional $30k on hand, ...
Joe Rivers
Big tax increase on multi family property.
Hello all,Here is the situation:Our town just increased taxes on commercial properties significantly. $5,500 more per year on a 16 unit property. The property contains four buildings all with 4 units. Townhouse style ...
Kenneth Quijano
Student Landlord: Journey to financial freedom as a student.
Hello, My name is Kenneth Quijano. I am the oldest of 5 and a full-time college student. Being a full-time college student is expensive and stressful, I have no financial freedom due to college payments, but I have re...
Chase Carter
First Offer = First Investment
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $375,000
Cash invested: $47,000
Sale price: $400,000
We bought a turn key ready home in the lower Moonridge sec...
Thomas Stanley
Selling Low income houses
2 years ago I purchased a package of low income houses from a friend in the business. All together the houses were around 85k. There not in terrible shape but are low income. When I bought the houses, I inherited a pr...
Jessica Acosta
Interior Paint for Rentals
Hello, we are near ready to pick the paint for our duplex. We have low ceilings and it has less natural light that comes in. What paint would you suggest to make it feel more open and bright? Shade, brand, sheen - let...
Arthur Banks
Changing grace period
I currently have a 5 day grace period in my lease. I'm considering changing It to 3 days. When an existing tenant renews are they "grandfathered" in at 5 days? Or can I have them sign an addendum stating the new 3 day...
Sophia Boro
What Are You Investing In?
I'm curious to hear what investors in the Philly market are investing in and how your strategies have changed to accommodate the ever changing world of real estate.Let's talk specifics!-Multis or single-family homes-F...