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As I build up my SFR portfolio I am starting to ask myself: “Is the idea of SFR cashflow simply a spreadsheet myth?”The common “goal” for SFR investing is $200+/month in cashflow, i.e. cash leftover after PITI and all...
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I am looking at a 2 family that is close to me and is in a good area. I
want to BRRRR this property. It needs a lot of work. The home has
been vacant for 10 years, and has no heat. The was built around 1900. ...
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I have 23 single family homes being management. The terms are pretty standard - 10% monthly rents - 1st months rent on new lease - $200 renewal.Most of what they do is fine but they are not on top of tenants as much a...
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I was wondering what everyone's thoughts were on different ways to tenant-proof a house and the best materials to do so. When I renovate a property I try my best to tenant-proof the property as best as possible withou...
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Quick background: I have decided to start building a portfolio of rental properties (multi family) mostly in the Boston area for now. After acquiring a couple of 6 and 7 family - 600K properties, I realized it is quit...
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Hi fellow landlords,This year I have been particularly lucky to have 3 AC units blow up and 2 properties have flooding due to sewage back up in my properties (all SFRs). I wanted to ask the experts here if there is a ...
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My tenant called me a month ago to complain that he has burned up three TVs and he thought the electrical in the house was faulty. I tested the outlet and it was around 119 to 120. I put in a new outlet and told him...
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Top ten reasons you will lose money on your first BRRRR. This list has been pulled directly from the school of hard knocksGenerally speaking and based on NY building code1. You think the cheapest house has the most m...
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We had a pleasant emergency HOA special assessment meeting this week. Due to updated CA codes & regulations, coupled with the lack of foresight & planning by the HOA Management & Board, our complex has to ...
In my field (counseling), I've been working for almost 20 years. While the salaries have been low, up until this year when things really spiked, the retirement plans and money able to be set aside was just embarrassi...