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25 October 2024 | 14 replies
We paid the contractors $12K - $15K as a deposit to start the job.
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21 October 2024 | 1 reply
There, you'll find detailed information on investing, both in general and specifically in Las Vegas.Before I continue, note that unless otherwise noted, the charts only include properties that match the following profile.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes ALL property types and price ranges.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthInterestingly, September saw a rent increase MoM ($1.21/SF vs. $1.18/SF), bucking the traditional seasonal slowdown trend.
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22 October 2024 | 12 replies
The values listed may not match the total acquisition cost, but the proportionate ratio between the land and improvement values can be applied to the final purchase price for income tax purposes.Commission a full-scope land appraisal: Another option is to commission a full-scope land appraisal.
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23 October 2024 | 11 replies
Just make sure the risk/return profile matches. 5.
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21 October 2024 | 6 replies
All good suggestions--if you find this becomes a bigger issue, one thing we have done in the past is offer back the security deposit in full to get people out.
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22 October 2024 | 14 replies
She can't afford rent, so you get her moved out by the end of the month, then apply her deposit to the unpaid rent, cleaning, and repairs.I may even incentivize her to leave quickly by offering to forgive the unpaid portion of rent if she gets out by the end of the month, but it really depends on a number of factors and I'm not going to ask for details.For future reference, best practice is to have set standards and adhere to them every time.
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20 October 2024 | 10 replies
Make sure to match up the tenant type to the area.
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14 October 2024 | 24 replies
If employer doesnt match, might as well do a standard ira if you qualify.
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22 October 2024 | 23 replies
Yep, raise some money for them, find them a deal, lend them money to fund a deposit or conduct their diligence…you contributed to the deal and in return they will give you a CO-GP title.
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20 October 2024 | 15 replies
Your advice will be beneficial.RegardsSuhaibYou’re going to be hard pressed to find a HOA that will allow STR and therefore insurance to match.