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16 November 2024 | 7 replies
Just send email or number to connect better.
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20 November 2024 | 37 replies
im new to this just bought first duplex and am house hacking. been keeping up w bigger pockets and before that dustin heiner' podcast. being green, even i know that you never buy/acquire negative cashflow. thats just dumping money down the toilet. second, every real estate guru will tell you never bank on appreciation. thats gambling. home prices are at an all time high, if nything you bank on your property depreciating some and then returning to purchase price HOPEFULLY. you imagine your worst scenarios, lowest rents, longest imaginable time of vacancy, most drastic uncovered repair/situation, over estimate expenses. create your buffers. if the numbers still work then, then you buy. if the numbers work and you casah flow $250+/month i say go for it. it hard to get above that without significant down payments or finding a rare steal. at this time i think best value and only way to guarantee any kind of appreciation is to buy low and rehab.
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14 November 2024 | 25 replies
Therefore, it can't add automatic late fees, send email reminders or track per property.
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15 November 2024 | 2 replies
Hi @Desdemona Bandini, We see that you already reached out to us through [email protected], kindly check your email for the response we sent and we'd be glad to further assist you.
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10 November 2024 | 12 replies
I have a Wynd sensor in my units (mention that we have it and it's 99.9% accurate in our emails), put it in my house rules that it is a $250 fine, and have a sign small above the detector with the same language.
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15 November 2024 | 5 replies
Save this list so that you can email it to people who ask about your "buy box".
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14 November 2024 | 3 replies
There is always a chance that rates will drop, but I would imagine $25K would buy down the annual rate so significantly that you would never see a lower rate offered by a bank so you wouldn't even think about refinancing.
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19 November 2024 | 23 replies
You will need their names and email addresses.
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14 November 2024 | 8 replies
We require all nonemergency issues to be sent in writing: either via Tenant Portal or email.
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13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.