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How easy / costly / practical / legal is it to convert an unfinished basement (775 sf) into a 1 or 2 br unit that can be rented separately from the two floors of the townhouse above? There is an HOA with restrictive c...
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How much does it cost dig up and replace sewer line?Sewer was backing up in one of my rental units and I called in one emergency plumbing services. The guy cleaned up the line but tells me that he scoped out and found...
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What are the effects of a 120 year term on a fixed rate mortgage with 30 year amortization and a balloon payment due at maturity? Would it be better to have a shorter term for any reason?
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Hi All,
This is my first post! Excited to join the network and look forward to interacting with all of you for the foreseeable future! I'm new to real estate investing but am planning on getting my feet wet soon!
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I bought this triplex in July 2019 to house hack. I have done rehab to the inside and I'm living in one of the units. I also got the trees off the house. This property is across the street from a college and near rest...
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I am trying to make my capex spending plan so I can effectively evaluate potential rental properties. So my question is am I over or under estimating capex.Below is a picture of my excel spreadsheet for capex Thanks f...
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I have a tenant who's 'activated' a number of the sections of the lease and it's become unclear to me what takes priority, and more so, how to approach the problem in the most cost effective way.Along with that, the m...
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Okay so I used to be pretty smart. Or so I thought. But it's been a while since I've done anything remotely "active" in the property investment world. I have been renting out a few places as a sole proprietor that jus...
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Hey all,I am not local, but I'm looking into the next step to invest in my first rental property in DM.I am considering a property located on MLK Jr. between Forest and 19th.I have put together my own list of comp ren...
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If you own or manage a business, what are the biggest challenges your industry is facing? Both Pre & Post COVID19. We are all part of the Real Estate Industry as a whole but we all fall into various sub-industries...