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25 November 2024 | 3 replies
Just looking for something basic.
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27 November 2024 | 2 replies
One key lesson is to always prioritize a thorough inspection—and go beyond the basics.
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28 November 2024 | 10 replies
Basically we are looking to reduce our risk and if it defaults understand we would be coming after everything and anything.
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28 November 2024 | 22 replies
Basically the EV charging gets spread out at times of day when there's capacity.Happy to set anyone in the SF Bay Area up with that.
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27 November 2024 | 6 replies
I also learned that a management company is basically useless. what states are “landlord friendly”
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25 November 2024 | 7 replies
From my basic understanding it would make sense to change it to a rental and then do the remodel so I can claim depreciation on my cost, is this correct or not?
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25 November 2024 | 14 replies
Now I'm re-entering the game, with the basic goal of assembling a $3 million portfolio of rental properties, with a focus on midterm rentals.
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1 December 2024 | 21 replies
There will always be some uncontrollable variables because you’re dealing with both the human element with renters and houses are basically living creatures themselves and it’s not always possible to predict when big expenses will arise.
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25 November 2024 | 4 replies
You could charge access fees or offer day passes for off-road adventures.Lease for Cell Towers: If the location is right, telecommunications companies might be interested in leasing a small portion of your land to install a cell tower.Event Space: If you can make it picturesque or add basic amenities, the land could be rented out for events such as weddings, retreats, or festivals.
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.