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16 January 2025 | 2 replies
Learn what each one of these are, and see which makes the most sense to apply to your specific financial plan. $150 cash flow on any rental especially a triplex is dangerzone imo. 1 month of vacancy of 1 unit could destroy a years worth of financial gains.
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5 February 2025 | 205 replies
I also enclose below the text of the relevant section for ease.https://www.flsenate.gov/laws/statutes/2020/553.79QUOTE(14) A building permit for a single-family residential dwelling must be issued within 30 working days of application therefor unless unusual circumstances require a longer time for processing the application or unless the permit application fails to satisfy the Florida Building Code or the enforcing agency’s laws or ordinances.UNQUOTEThe previous link to the City of Cape Coral citizens portal lets individuals see permit details for a specific property address, the progress with applications, and if not using a private provider the status of inspections.
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27 January 2025 | 17 replies
Just trying to gauge whether your bookkeeper is overcharging, especially if you are splitting duties.I would be careful with real estate-specific software.
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15 January 2025 | 5 replies
The specifics of your situation will determine where you might need to fall on that spectrum of holding period.
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15 January 2025 | 7 replies
If you have specific questions about property management, I'll be happy to help!
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17 January 2025 | 3 replies
Specifically, I’d appreciate:•Wholesale contracts: Recommendations for templates or tips on using contracts effectively with sellers and buyers.
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15 January 2025 | 9 replies
Have you explored specific neighborhoods yet?
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16 January 2025 | 13 replies
Also, nightly stays should be adjusted based on your specific pricing strategy as well (e.g. longer stays further out, shorter as dates get closer or gaps exist).
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29 January 2025 | 23 replies
Also, make sure you thoroughly research rental demand and average rents in the specific area of Miami you’re considering.
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21 January 2025 | 6 replies
However, you could look into a “construction exchange” where the funds are used to improve a new property acquired through the exchange, but it must meet specific IRS rules within the time frame.