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13 October 2024 | 5 replies
I am wondering if there are alternatives that I can explore myself without incurring that expense.Your input will be greatly appreciated.
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16 October 2024 | 16 replies
IN case the house you bought needs urgent repairs because of some natural events .
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17 October 2024 | 47 replies
It’s disheartening to see a company that once had my trust handle a situation so poorly.To others considering LaunchControl, I advise looking into other alternatives.
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15 October 2024 | 21 replies
Research sales, rental rates, and vacancy rates, and learn about financing alternatives such as VA Loans, FHA Loans, and 203k Loans.
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10 October 2024 | 17 replies
Alternatively, you can own the rental directly, take the income directly and simplify your life, taxes and everything.
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13 October 2024 | 5 replies
Definitely the way to go on rental properties if you are an out of state investor NOT looking for an enormous undertaking with a BRRRR type scenario or investment of that nature or part time or full time job.
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15 October 2024 | 40 replies
Even though these expenses are rather low, it's important to compare them to the advantages the LLC offers.Umbrella Insurance: An alternative to forming an LLC for asset protection is obtaining a robust umbrella insurance policy.
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13 October 2024 | 15 replies
My second slow season I decided not to rent it out because the propane bill to heat the home wasn’t worth the hassle, this last slow season was record snow and many homes lost power and heat for several days, it was categorized as a natural disaster.
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12 October 2024 | 2 replies
The author and article suggests to utilize the climate risk data before committing to an investment and be familiar with specific risks in your area—whether it’s floods, wildfires or heat waves.They recommend these valuable tools to assess these risks:FEMA National Risk Index – Provides a comprehensive overview of natural hazards across the U.S., including floods, earthquakes, and severe storms.USDA Wildfire Risk to Communities – Offers detailed insights into wildfire risks for homes in specific regions, particularly useful for properties near forests or dry areas.Risk Factor – Analyzes flood, fire, and other climate-related threats for individual properties, giving you a risk score.Climate Check – Delivers property-specific climate risk ratings, covering heat, drought, fire, and floods.Do you consider environmental factors like flood and heat when investing?
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13 October 2024 | 11 replies
He ended up pairing his syndication investment with a small rental property purchase that allowed him to maximize his REP hours, which made a big diference at tax time.It’s a bit complex, so I’d recommend chatting with your CPA to see if you can group your real estate activities or find an alternative way to leverage those passive losses.