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1 October 2024 | 8 replies
I only see one person giving you the correct advice.Your focus should be on paying off the debt, controlling your finances, and building your credit.
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1 October 2024 | 12 replies
Maintain control of your rental.
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30 September 2024 | 4 replies
She mentioned they would like to have their own website where they have full control and can list all their properties available and potentially have them booked through this site to avoid fees associated with other platforms such as airbnb.
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30 September 2024 | 15 replies
I do not have a sheet but I typically budget $150 for lawn, $150 for pool if applicable, $100 for cable, $100 for water, $300 a month for electric (depending on property size and your local utility costs), $50 for pest control, and another $200 per month in misc.
1 October 2024 | 10 replies
Once the debt is under control, you'll be in a better position to purchase another rental or explore Airbnb.This post does not create a CPA-Client relationship.
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1 October 2024 | 14 replies
Most Turnkey providers only do the bare minimum to maximize their own returns, which can lead to issues down the road.With Value Add properties, you control the rehab process.
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1 October 2024 | 11 replies
It’s your deal—don’t let anyone else control it!
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25 September 2024 | 6 replies
When I say fire fast - do not get emotionally attached to the contractors.
28 September 2024 | 19 replies
Good idea on the Trust as that will avoid probate (required even if there is a will) and your father can control who gets what via the Trust.Your challenge is what happens if you do all the work to turn the portfolio around and then your father sells it, gives you less than you think you deserve or leaves it to someone else?
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27 September 2024 | 13 replies
Don't get emotionally attached to a property you tour.