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21 September 2024 | 8 replies
To manage this, find the average electricity, water, and gas usage in your area.
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24 September 2024 | 27 replies
Which is good for the original Retail Subdivision usage, but not for Storage being one of the properties.The way I do things I would just add it to my normal property checklist.
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23 September 2024 | 0 replies
Pretty straightforward project but extremely useful for my investing career going forward.
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23 September 2024 | 21 replies
Those requirements slowed us down a bit on our usage of FHA loans but now we're happily married anyways!
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25 September 2024 | 13 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.PM us if you’d like to discuss this logical approach in greater detail!
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24 September 2024 | 16 replies
Extremely helpful.
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25 September 2024 | 12 replies
Getting a Heloc or Heloan secured against your primary residence is going to be extremely difficult without income/ability to repay.
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27 September 2024 | 66 replies
Before the crash, it seemed like you couldn't get the numbers to work that well in terms of cash flow but you could find deals here and there and the financing and appreciation was definitely there.During the bust you could easily find discounts but the financing was impossible to get and the rental profits were extremely tough and thats even if you self managed.
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20 September 2024 | 2 replies
New user, first time post.Trying to gather info for an HOA Board about possibly having the HOA buy 'bulk' cable TV, Internet (Wi-Fi) with VOIP for use by each owner in a 55 year old and over HOA with 62 dwelling, plus a clubhouse with at least two additional TV usage locations (main clubhouse room, plus exercise room).Cox/Xfinity is the current supplier for the entire property which only has coax cables installed on the property below ground.
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23 September 2024 | 10 replies
If there is debt on the property you run into the debt-financed property issue which can cause the rent to be treated as UBIT and be subject to the trust tax rate which increases to 37% extremely fast.