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26 November 2024 | 4 replies
If you just grab one off the Internet, it will have a lot of holes.
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30 November 2024 | 6 replies
Policy will not impact the market for a while, even a $25k first-time home buyer credit will need some time to work through the system.
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28 November 2024 | 13 replies
My monthly fees are as follows (handyman inspection $125, Cleaning $270 a turn (I collect this from guest), TAT&GET (collected from guest) Property Taxes, Insurance (I highly recommend you price this out, with hazard I pay $1,200 a year), internet/cable $100, Electricity $300 a month, AOAO dues $900 (association fees are increasing minimum 5% a year).
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1 December 2024 | 7 replies
I hope more people see this and avoid getting into a pickle with incompetent teams like I just did.FlipSystem is Scam System, they just use Fake Advertisement to Scam New Real Estate Investors, many people are into deep trouble by following their advise and even bankrupt ont!
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3 December 2024 | 14 replies
My goal is to scale up over the next few years and add another 10-20 doors.I ran across someone that is saying they are building quadplexes in the same town in Texas as my current rentals there, so I have some support system there.High level this is the idea on the deal:4 units constructed as 2 duplexes on one parcel.1250sqf 3/2/1 units$650k sale price, CME is $820k according to builder, will have a independent CME done if/as I move forward.Rent per unit is $1750 based on the other quad in the developmentBest guess at this point is about $16k/year cash flow at a 9.5% cap rate.Builder is a sister company of a established company in a related industry that has done "some" builds before but not a lot.
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19 November 2024 | 12 replies
Agree, Ring or some other camera monitoring system, security systems will have issues with alarms & beeping and other issues which might be a nuisance for guests.
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28 November 2024 | 23 replies
The problem is there are so many glitches in their base system that still need to be ironed out.
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25 November 2024 | 12 replies
As an accredited investor you have access to hundreds of new potential syndications every month (and crowdfunding deals which are the same thing except are allowed to market on the Internet).You may want to start off on a site like CrowdStreet or FinResi , where you can view the variety ( different types of asset classes, strategies, stances) and start to come up with your own method for looking at deals (which matches your unique, personal risk tolerance, financial situation and financial goals).Thanks Ian.
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27 November 2024 | 16 replies
Pre-internet, being a landlord wasn't easy, but it was straightforward (this is a gross oversimplification).
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3 December 2024 | 22 replies
Plus, they all push you into using their tenant application systems, which are equally frustrating. ...I could maybe forgive these issues if I got tons of leads from these sites, but I don't get many leads at all (especially considering the prominence of a site like Zillow). ...all I want is a simple, streamlined, fast, easy to use site that produces lots of quality tenant applications, why is that so hard?