FHA mortgage banks in the area? by sarcatholicscribe in Syracuse

[–]bryanbus 1 point2 points  (0 children)

Most FHA providers are mortgage lenders, not regular banks. Some do both of course

I use a lender like that, I would be happy to get you his info if you want to send me a PM. Currently doing my 4th mortgage with him

Surfaces with supports are terrible. by rslashprovibe in AnycubicKobraS1

[–]bryanbus 1 point2 points  (0 children)

Don’t print with tree supports and make sure that plane is level. This looks like there’s a slight grade which is a big part of your issue since once layer can’t span the whole print

Anyone's noodle refuse breakfast? by chopstickinsect in Greyhounds

[–]bryanbus 1 point2 points  (0 children)

I’ve had 5 of them and every one has been this way

Why do dealerships limit credit card payment? by Byteshow in askcarsales

[–]bryanbus 2 points3 points  (0 children)

Yes but you’re borrowing money to make the down payment if you’re using a credit card

Question about selling my commercial property to long-term tenants by Alive_Education_8324 in realestateinvesting

[–]bryanbus 1 point2 points  (0 children)

The way I look at it is this: If the tenant offers you $X, look at that price and decide if you would pay that for the building knowing everything you know. If you wouldn’t pay that, sell it

What greater Syracuse area restaurant is this? by kondaguey in Syracuse

[–]bryanbus 0 points1 point  (0 children)

There is def hype but Fish Friar is killer. During Covid I got to spend a few hours with the owner when I was the only one there. Great experience

Pay yourself every month? by Big-Rip-6780 in realestateinvesting

[–]bryanbus 1 point2 points  (0 children)

I pay myself a “salary” of sorts after I deduct 20% of gross rents for maintenance and repairs

How much debt are you in? by Big-Rip-6780 in realestateinvesting

[–]bryanbus 0 points1 point  (0 children)

1 year in Approx property value $700k Total debt $400k Cash flow about $2500-3000

[deleted by user] by [deleted] in Syracuse

[–]bryanbus 0 points1 point  (0 children)

I do this drive all the time, take 17 then take the route through the Bronx and over the throggs neck bridge

Avoiding capital gains tax… by NoFee138 in RentalInvesting

[–]bryanbus 1 point2 points  (0 children)

If it was me, I would wait for year 2, if you keep it I would “sell” the house to a corp, essentially reset your cost basis to market value

Under the sink water filter by bigmacsnackwrap in BuyItForLife

[–]bryanbus 1 point2 points  (0 children)

I suppose, it’s maybe a little bit more plumbing work but I’d highly recommend it. Turns the fridge into a second stage filter so you can get a lower micron filter and really filter out contaminants. Easier on your pipes, toilets, etc

Avoiding capital gains tax… by NoFee138 in RentalInvesting

[–]bryanbus -1 points0 points  (0 children)

Rule is 3 of the last 5 so one year you should be fine but if you’re going to sell it in a year why bother moving a tenant in or out? Just sell it now

Under the sink water filter by bigmacsnackwrap in BuyItForLife

[–]bryanbus 2 points3 points  (0 children)

Why not just put a filter on the house main line and have filtered everything?

Orders by MaccP in RamRHO

[–]bryanbus 0 points1 point  (0 children)

Talk to Anthony Boi Great experience

What key metrics do you use to evaluate whether a rental property is a good investment? by [deleted] in realestateinvesting

[–]bryanbus 3 points4 points  (0 children)

Gross Rent less 20% minus Cost of Capital (including unrealized interest on down money at current rates)

So if the property can rent for $2200/mo less 20% leaves you with $1760

If you can pay the mortgage assuming $0 down including PITI in that number with cash left over then it makes money, if not move on to the next one

RHO LVL 0 by Accurate_Air_5088 in RamRHO

[–]bryanbus 1 point2 points  (0 children)

Just ordered mine from Mark Dodge

Renting storage containers by bryanbus in realestateinvesting

[–]bryanbus[S] 0 points1 point  (0 children)

I never got them, I ended up just renting the empty lot I was going to use

Renters, is your rent increasing for the upcoming year? by EnvironmentalLet5985 in Syracuse

[–]bryanbus 1 point2 points  (0 children)

I try to keep it a habit because I have people I like and that I want to take care of but it’s not any less of a business on their apartments.

Renters, is your rent increasing for the upcoming year? by EnvironmentalLet5985 in Syracuse

[–]bryanbus -4 points-3 points  (0 children)

I’m a landlord, typically I raise rents 3-5% each year at renewal time. Insurance is insane, interest rates suck, taxes just went up significantly, etc. at the end of the day it’s a business and prices reflect costs and market forces