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20 August 2024 | 11 replies
It may not be possible, but if you're going to go the appreciation route (versus cashflow), then you're best off targeting 5+ unit properties where you can force the appreciation by driving NOI.
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19 August 2024 | 3 replies
To the best of my knowledge, one of the tenants (married) are employed in the accounting field at a local air force base, which was the only reason I was considering it.
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23 August 2024 | 181 replies
It looked like, at least in here, 80% or more very new investors which is the exact marketplace that gets taken advantage of the most.Anyone who uses it and it works for them, good for you, but don't try to crack back on professional investors who are leery of another new gizmo with canned testimonials and forced page traffic on a forum post where pitching of products is illegal in the forums anyway.
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18 August 2024 | 28 replies
I have a 4 unit property that has forced air heat but no a/c.
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19 August 2024 | 6 replies
Most of landlords are not interested in doing Section 8 either, but we phrase it always the same that we will consider all applications as a whole and once we have the application we review it and see.In my opinion, no landlord should be forced to do Section 8 and I don't think it can happen, but you have to be very careful how you vet tenants and decide so you are open to all applicants, but still able to make an informed, best decision for yourself.
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20 August 2024 | 15 replies
You run the risk of running out of cash and being forced to sell.
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18 August 2024 | 4 replies
Not sure what their rights are as a lender but the owner is fearful that now that she has REACHED the Maximum funding amount the Reverse Mortgage loan would go to - that she may be forced to sell?
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20 August 2024 | 18 replies
The company who actually fixed the HVAC charged $268 but the "Preferred Vendor" middleman modified that invoice to include 6lbs of freon (not on the HVAC sub's invoice) and charged me $700.Latchel probably works fine if you force them to only use your vetted contractors, but I have zero respect for Latchel's "Preferred Vendors".
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20 August 2024 | 18 replies
The change in regulations isn't about lowering commissions, it's about clearer disclosures regarding how commissions are paid and forcing agents to be better fiduciaries to their clients.
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20 August 2024 | 28 replies
@Michael MagnellFrom what I understand about WyCo, it can, but it looks like KCMO cash flows better...WyCo supports flip and forced equity deals relatively well, tho.