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5 June 2024 | 8 replies
@Sandeep Shukla how much time do you have to manage AND learn:1) Fair Housing laws2) Fair Credit Reporting Act3) Consumer Privacy Protection laws4) Local rental ordinances5) State eviction laws and procedures6) Etc...Everyone thinks property management is easy until something goes wrong...
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4 June 2024 | 4 replies
The fewer the units, the more likely the retail mindset gets involved.
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3 June 2024 | 10 replies
Instead of looking to buy 5 or 6 crappy properties in crappy areas with crappy tenants, you may want to consider buying fewer but better properties.
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4 June 2024 | 28 replies
Aggression might be the dog snarling and barking at the fence but only when someone is on the other side when in reality the dog wishes the fence was not there so it could consume the person on the other side or something like that.
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5 June 2024 | 10 replies
So, owners force PMCs to only effectively advertise their rentals on their own website, the Zillow group and whatever their PMC software provider syndicates to.This wasn't a problem the last 5 years or so with the crazy demand for rentals, but consumers are getting tapped out and Days On Market for rentals has increased 37% in the last 2 years.
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4 June 2024 | 221 replies
Since the White Coat Investor analysis I posted earlier seem to be debated by others yet to post counter-point sources I'll share another source that I found while researching WLI a few years back, Consumer Reports. https://www.consumerreports.or...In this analysis from one of the most independently-funded, unbiased consumer advocacy groups in America the outcome was the following: < 5 years: poor investment (versus term)16 years: you break even on cash surrender value + value of insurance received+20 years: dividends exceed term + treasuries alternative, surrender charges disappear In sum CR concludes: This mixed bag of potential benefits and costs is complicated enough for consumers to navigate, but poor disclosure robs consumers of the information they need to comparison shop.
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5 June 2024 | 116 replies
As you make an additional $25/year in rent appreciation, your HOA + Property taxes + maintenance + these new insurance premiums + lawsuit risks, will consume your $25/year increase.
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3 June 2024 | 4 replies
Although not required in some states, a lender having a mortgage license really protects the consumer from any potential fraudsters.
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6 June 2024 | 71 replies
I think you may of consumed too many of those mushrooms you live under.
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2 June 2024 | 37 replies
Takes fewer coats.