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16 October 2024 | 11 replies
As a broker & investor, I can attest that the worst thing you can do is overprice a home when it hits the market.
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13 October 2024 | 11 replies
. #3 would be selling the property and taking the tax hit.
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15 October 2024 | 5 replies
With a remarkable three-year revenue growth of 2,326%, it’s no surprise they’ve made such an impressive mark.RentRedi has been on fire this past year, hitting milestone after milestone—from expanding their platform with new features like RentRedi Credit Boost to forming a groundbreaking partnership with the National Association of RealtorsⓇ.As part of our BiggerPockets community, we love seeing our partners succeed, especially when their growth reflects their commitment to helping landlords and renters thrive.
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14 October 2024 | 4 replies
There is a lot more budget there to absorb a few hits.
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15 October 2024 | 21 replies
I suggest opting for a lower PPP period and taking a hit on the rate, if you are still debt covering.
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15 October 2024 | 12 replies
Make sure that they only check credit once (or soft inquiries) to make sure you are not hit with 10 different hard inquiries all at once.
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13 October 2024 | 4 replies
First, JP Morgan & Chase hit me with a foreclosure lawsuit and named almost anyone in this suit, State of Florida, construction company, the elections.
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14 October 2024 | 3 replies
From what I’ve read recently in the Wall Street Journal, the IRS doesn’t seem too picky about who manages the property initially.. what matters is that it’s actively being rented out.Now for Question 2, the key part to keep in mind is whether you hit that 100-hour rule in terms of participation for 2025.
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13 October 2024 | 4 replies
If you have to send them to collections later, it won't matter do any good, because their credit is already so bad that another hit won't affect them.They missed 60% of their payments.
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13 October 2024 | 10 replies
I have a sick parent abroad and i am not there half the time, they kept raising the maintenance since i got there and i don't want to pay that when i am not there so my solution was to rent it out ... so while i agree its better for the building to have a lower percentage of rentals it hits people like me...