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So I currently have a 5 unit Multi family under contract in Louisville, Ky with a 21 day inspection contingency period. The building is over 100 years old, seems to have somewhat updated plumbing & electrical and...
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I have been participating as the capital partner is a major renovation (90% new) in historic Charleston. The area is likely to appreciate, and so even though I can make $25,000 if I flip it in a month, I am also in...
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Hi all - I'm closing on my first house hack soon, and had a question about splitting water. My plumber mentioned that a lot of landlords he's seen don't actually split the water since checking the meter monthly is a b...
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Hi,I'm hoping to get some advice. We renovated a house in St. Petersburg, FL and it's sitting on the market for over 80 days with no offers yet. It's in a fantastic neighborhood but the layout is choppy. (for example,...
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Hi,I am currently in discussion with my neighbor to purchase a 4-unit building in Chicago (Logan Square). The current layout of the building is 2 floors, with 2 units on each floor, and there is an unfinished basement...
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Hi all,
Looking at a SFH that needs new flooring, kitchen needs to be updated, paint, etc. Does anyone have any experience purchasing a rental property and renovating? I don't want to load the house with stai...
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Okay, so I'm driving for dollars and compiling my own DM list but it's slow and it's going against my personality type. I like results, I like to know that I'm making progress and I've been compiling this list from my...
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I thought it would be nice to have a collecting point for day to day money/time savers for rentals. Some things I do or have seen on the forum so far:
Remove storm doors.
Advertise rentals on craigslist
Remove or lo...
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We are thinking of buying a rental beach house or bay side house in the Galveston / Crystal Beach area. Does anyone have some good information on the recent insurance ratings, building codes or any other news of pert...
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Can anyone share with me the ups and downs of student housing? Besides the obvious of being able to charge higher rates due to *must have* housing for students, and the higher costs of repairs due to, well, college. A...