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4 February 2025 | 1 reply
This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
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21 February 2025 | 3 replies
This reduces exit options and affects the value. 10) Small number of small units is the most expensive residential development there is.
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21 February 2025 | 7 replies
If you have money for large down payment that can reduce the payment which lowers the income required to qualify.
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11 February 2025 | 13 replies
Let’s break it down and explore how you might approach this idea, the challenges you could face, and ways to structure a deal that could work for both you and the landlord.Why the Landlord Might Be Open to SellingThey’ve moved out of state for health reasons and don’t have family nearby anymore, which might reduce their emotional attachment to the property.The idea of simplifying their life and pursuing something like sailing around the world suggests they could be open to letting go of the property if it helps them achieve their goals.With significant equity or potentially owning the property outright, selling could provide them with a substantial cash windfall to fund their future plans.However, their belongings on the property could signal hesitation to let go or simply a logistical barrier they haven’t addressed yet.
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5 February 2025 | 0 replies
We are considering the following options:-I purchase the property from my aunt – Perhaps we can do seller financing to reduce fees?
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22 February 2025 | 24 replies
.- Once we get more great reviews, the influence of that one will reduce but we have to make sure it doesn't prevent us to get bookings in the first place!
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8 February 2025 | 5 replies
While it will not reduce the actual cost it will help with the monthly cash flow.I am curious if this was a single-family house converted into a double.
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2 February 2025 | 3 replies
I've heard Trump most signed an executive order to eliminate reduced rates for section 8.
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6 February 2025 | 4 replies
I live in a lower-income area, so I figure that the better tenants you will get with a safe house, the ongoing safety the tenants feel, and the lowered risk of a break-in (when occupied or vacant getting ready to lease), and reduced headaches/vacancy/potential damage are worth the marginal up-front cost of having it installed.
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4 February 2025 | 1 reply
.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?