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23 October 2024 | 15 replies
Yes, they do come at a slightly higher purchase price/downpayment than C class rentals, but I’ve found it to be worth it because of the improved tenant quality.
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20 October 2024 | 17 replies
Portfolio lenders or credit unions may offer flexible refinancing options, while creative financing can improve cash flow.
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18 October 2024 | 7 replies
Who makes decisions on improvements?
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18 October 2024 | 10 replies
It's slowly improving and I suspect sec 8 would be a poor choice.
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23 October 2024 | 27 replies
Ensure the appraiser accounted for things like the square footage, recent improvements, location benefits, or other factors that impact value.
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18 October 2024 | 29 replies
This shows you're open to improvement but won’t let a picky guest's minor grievances dictate the narrative.Avoid Emotion: Keep the tone neutral and professional.
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16 October 2024 | 5 replies
Does anyone have any tips on the best way to finance renovations/improvements for properties like this?
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21 October 2024 | 59 replies
Interest paid on acquisition indebtedness and home improvement indebtedness is generally eligible for the deduction.
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18 October 2024 | 1 reply
If they are below market rent, that is OK as long as there is room for improvement and tenants won't be an issue.
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18 October 2024 | 5 replies
My plan was to buy, improve a bit (house was not in bad shape, just need some TLC), and rent out and hold at least 2~3 years.