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24 January 2025 | 6 replies
I property manage STR in the cape cod so this is actually good info
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16 January 2025 | 18 replies
I don’t have any issues with it, he’s only an email or phone call away, at any given time and they’re very reasonably priced for the service and advice that I get.
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16 January 2025 | 8 replies
Actually, they’re in pretty good shape.
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31 January 2025 | 11 replies
That was right up until we started purchasing rentals.We have an LLC so we actually pay $400 per year for our LLC to file and then another $150 for us to have our personal taxes done.
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28 January 2025 | 12 replies
Then it has an expense tracker to compare budgets to actuals during project execution.
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21 January 2025 | 11 replies
Need so much more info to actually be able to shop rates :) No points, 110k, SFR, regular purchase financing, the house is worth around 140k.
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24 January 2025 | 9 replies
For these ultra exclusive co ops the fact that the tenants can turn down anyone for any reason is a big plus.
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12 January 2025 | 5 replies
You do not actually need any income if they have high enough income to afford their bills plus your new house.
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23 January 2025 | 1 reply
With only that information, I see no reason not to.
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11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.