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2 October 2024 | 6 replies
Denying Based on Court RecordsYes, you can generally deny an applicant based on publicly available court records, such as evictions, judgments, or warrants in debt, as long as the information is accurate and you apply this standard consistently to all applicants.
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4 October 2024 | 8 replies
However, if your spouse qualifies for REP status (for example, if they are a stay-at-home partner), you may be able to apply the losses to offset your combined income.
3 October 2024 | 1 reply
Learn by doing—start small and grow your experience as you go.By applying these strategies, I’ve been able to build a 28-unit rental portfolio.
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6 October 2024 | 12 replies
You either pick up an existing property and the owner relinquishes their license so that you can apply for it, or you get very lucky.
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2 October 2024 | 25 replies
Our mortgage was significantly higher than our flood insurance, and I don't know if we qualify to try to apply for FEMA or if there is other assistance, and if so, if we would apply as a business (we file it on our personal taxes as rental income).
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4 October 2024 | 33 replies
Partnerships Matter: Align yourself with motivated, positive people who share your vision and work ethic.3.Take Action: Don’t just learn—apply what you know.
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3 October 2024 | 0 replies
I haven't participated in foreclosure sales but my understanding is that the same issues with occupants apply.
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4 October 2024 | 13 replies
Get a new PM, this one doesn't understand the rules and responsibilities they're supposed to be applying.
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4 October 2024 | 17 replies
@William SilvaRecommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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4 October 2024 | 27 replies
Won't apply for everyone, but for those that are military and looking to turn your primary residence into a rental when you leave, you can keep the 4% assessment under certain conditions (remain on active duty and I believe it's limited to 1 property unless you advertise it for sale within 30 days of a purchase of a new house).