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22 October 2016 | 10 replies
They might be cheaper in CA but in Texas they make up a big portion of your expenses and you can't change that no matter how efficiently you run the property.It's definitely possible to find a property that can be lower on the expense spectrum but most people underestimate expenses so it's probably better to start at the higher end and confirm with due diligence.
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15 March 2020 | 36 replies
There is a full-spectrum of performance ranging from outstanding to subpar.
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7 December 2018 | 9 replies
Where you fall on the spectrum will govern a lot of what you can do with regards to increases.
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14 December 2018 | 9 replies
So now we have a wide spectrum of options and we know the right decision will be somewhere in the middle.One end of the spectrum is to not refinance at all This option would obviously create the most monthly cash flow, but we have financed this project using a HELOC on our personal home so we would prefer moving that debt to the subject property.
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1 January 2019 | 23 replies
This is a great question; there's the general tenant screening (full spectrum of reporting which can typically include Criminal Reports/Background Check, Residence History/Eviction History, Employment Verification, Sex Offender List, Credit History, etc), but definitely an interesting thought with regard to pulling an interested applicant's social media history.Social media can be tricky because verification of account ownership can be a hard one to pin down; ie. if you require it as part of your application, a tenant can supply a "clean" version of their social media presence (ie. professionally created social media profile) versus an account that the applicant might actually use regularly, but you may not have any type of verifiable information to confirm that they own/operate the account.
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13 December 2018 | 13 replies
You and your spouse are on opposite ends of the investment spectrum.
23 December 2018 | 3 replies
On the other end of the spectrum I can find small (900sft-1100sqft) houses off and on for 80k-120k. 2 bedroom 1 bath, some with garages some without.They need some updating but nothing I can't do myself and I definitely can make them shine for not much money at all.
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24 January 2019 | 12 replies
@David Le I live in Irvine, a few blocks South off the 405fwy near Irvine Spectrum, You're not going to be able to execute your plan in South Irvine at the price point you're targeting, I think there are some options as you go North or further inland which I'm sure that's not as desirable for you.
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30 December 2018 | 4 replies
For maintenance and repairs, is your property asl SFH or duplex, if a duplex you are charging less than $600 a month rent each side from what I saw, tenants in that rent spectrum tend to come with higher maintenance costs because they are less inclined to take ownership of the property (this is just from what I have learned about the business so far), it wouldn't hurt to budget a couple extra dollars in this area, especially for when the move out, if a SFH I think that's a good number.
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2 January 2019 | 5 replies
We have many friends who homeschool and there is a broad spectrum, from looking almost identical to public school, to part time classes at traditional schools, to people who teach the kids themselves and everything in between.One thing Colorado Springs offers is a huge number of options.