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24 February 2025 | 14 replies
A negative review from a tenant could be a positive review for an owner.Networking: Use forums like BiggerPockets for recommendations, but conduct thorough research yourself.Initial ScreeningNarrow your list to 5-10 candidates by reviewing their websites and scheduling Zoom interviews.
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10 February 2025 | 8 replies
You can pay down the principal at your own pace on a 30 year schedule versus being stuck behind a 15 year schedule.
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3 March 2025 | 13 replies
You can find them through investor networks, BiggerPockets forums, local real estate groups, or referrals from other landlords.To ensure the property stays in good condition, set clear expectations with your manager, schedule regular inspections, and consider using smart home tech (cameras, leak detectors, etc.) for extra oversight.
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18 February 2025 | 14 replies
They could self manage for several years, using the rental income, until the next phase of their retirement.If they have a decent amount of financial discipline, they may want to get a HELOC now before they build to get the most favorable rate.
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24 February 2025 | 9 replies
Otherwise, if you already bought the property in your name and use QCD to transfer to LLC it's easy to track.3) Getting properties off your 1040 tax return: once you accumulate enough real estate, for various reasons you may not want the proeprties to appear on your Schedule E.
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4 February 2025 | 2 replies
Hello,Im working with a lender to refinance into a Fanny Freddy mortgage now that I have stabilized my 36 unit complex.They have asked for a CAPEX schedule, and a T-6, in addition to the rent roll.
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6 February 2025 | 2 replies
Some reasons you'd need to sub your tax returns: if you have a schedule C (self employemnt) or a schedule E (rental income).
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6 February 2025 | 16 replies
Also both enjoy freedom in our schedules.
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11 February 2025 | 4 replies
What are the biggest challenges you face when it comes to assigning vendors, scheduling, and making sure requests are handled quickly?
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19 January 2025 | 42 replies
Schedule E it is!