I am currently rehabbing my primary at the moment with plans to rent out this fall. I am doing mostly cosmetic fixes to a SFH currently. I am looking for thoughts on whether I should be proactive with replacing a 20yr...
Experienced developers (or underwriters) of large multi-units or commercial deals: What do you think are the most important factors when analyzing deals that are close to execution (i.e. past entitlement phase)? I'v...
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...
Hi, Anyone have any experience with replacement cost insurance?I'm considering it on my 4 houses in west Philadelphia. I currently have a landlord policy with Allstate that has actual cash value. The quote I got with...
Hi All,
My wife and I are about to have our first child and she may not be going back to work. Simultaneously, we are about to start the search for our first home and either flip or rent after 2 years. We were going ...
Can anyone recommend a toilet for a rental property? I'm looking for something that has good flushing power and good components but isn't too pricey.
Hi BP!
I'm working on some calculations for an apartment building. 6 story, approx 30 units. For an SFR, I typically keep about 8-10% of the homes values as cash reserves. What rule do you use for a large mul...
I live in a small town in Maryland that has a big shortage in apartments. I want to start out buy building a fourplex using 100% cash. I want to build 2br apartments which I expect to bring in $1,000/month. If ever...
Hi fellow friends,
My tenant is complaining that the oven isn't working.
The stove top works but the oven doesn't. Is there a way to fix this or I have to replace the oven?
I feel like every property I own needs...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $1,265,000
Update Oct '20: Construction is now complete and 15 of the 20 units have been leased thus far. ...