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9 January 2025 | 8 replies
In 2024, my occupancy rate was 90.2%.Am I missing out on income?
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10 January 2025 | 6 replies
There are a few programs that can do second position financing but typically underwritten based on your personal income.
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7 January 2025 | 20 replies
This doesn't give me too much to work with, and as a student, I still have 0 income :(.
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9 January 2025 | 116 replies
Next goal is $250k in income through my real estate and stepping away from the day to day management of the properties.
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12 January 2025 | 28 replies
Remember, if you decide to sell in a few years, any bonus depreciation comes back as ordinary income.
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5 January 2025 | 7 replies
Based on its price and rental income do you think it is worth it?
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7 January 2025 | 12 replies
It depends on where you want to live, income, personality, and other factors.You could buy a large home and rent out the individual rooms to cover expenses, but this comes with problems.
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17 January 2025 | 19 replies
This reminds me of the discussion around pricing things at $x.99 instead of $x+1.00.EXAMPLE: $4.99 instead of $5.00Everyone "knows" that the price in the example is basically $5.So, why do billion dollar companies, spending more on marketing departments than everyone's combined income on this thread, STILL use the $x.99 pricing format?
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7 January 2025 | 6 replies
It simplifies the process since Zillow handles credit, income, and background checks for a small fee paid by the applicant.Background Check Services: If you prefer not to use Zillow, consider using services like MySmartMove or RentSpree.
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9 January 2025 | 4 replies
., income, credit score, rental history) to evaluate applications in the order they are received.Notify Applicants: Let each applicant know you will process applications sequentially and explain your timeline for review.Act Promptly: If the first applicant meets your criteria, move forward with their application and provide them with a clear deadline to sign the lease and pay the deposit.Move to the Next: Only if the first applicant does not meet the criteria or declines the lease should you proceed to the next application.By focusing on one application at a time, you simplify the process, maintain transparency, and mitigate any potential fair housing concerns.Lastly, since housing laws can vary by location, double-check Arizona’s landlord-tenant regulations to ensure compliance with any local rules about how applications are handled.Best of luck with your rental process!