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7 January 2025 | 7 replies
Also, having a rehab budget already laid out with explanations on how you got the numbers would help and is definitely a plus when I look at deals even though I typically wont use their numbers it at least shows a little more effort.
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11 January 2025 | 49 replies
Originally posted by @Mike Lambert:@Jon Latorre$100k+ sounds nice but it's not the same return whether the property costs $2 million or $5 million.My question was what is the typical rental yield range?
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8 January 2025 | 5 replies
I wouldn't bet my life on 50%, but I would bet they are more problematic than the typical long-term renter.
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10 January 2025 | 4 replies
Typically a broker will work with at least 10 DSCR lenders so they should have a variety to reach out for quotes to.
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4 January 2025 | 19 replies
We also use Rental Guardian and add the charge to each booking so essentially the guest is paying for their own damage insurance.
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19 January 2025 | 42 replies
Your Schedule C at the top will typically list both of you since you are filing a joint return.
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6 January 2025 | 2 replies
They typically provide education and also have classes/courses to take.
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2 January 2025 | 2 replies
In 2015, my sister had a business which was essentially her livelihood.
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27 January 2025 | 35 replies
As a side note typically I do not use my deferred tax dollars to invest in traditional real estate as the benefits (depreciation etc) are all lost when using a self directed IRA - My guess is build to rent will provide little to no cash flow to build the account - it will all be locked in the property.
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12 January 2025 | 23 replies
I think a property manager is essential.