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11 January 2025 | 19 replies
The mountain house has taken almost 2 years of breaking even and using some of the income on improvements until we have been able to cash flow.
13 January 2025 | 41 replies
Always. interesting plot twist as more carriers cancel and people need to get new policies and see the original borrower is not on the policy etc will the servicers be telling the lenders to call the loan.
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7 January 2025 | 2 replies
You are not paying for their services and won't cost you anything extra anyways.
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6 January 2025 | 4 replies
@Alecia Loveless is correct--tenants need access 24/7 to their electric service panel, water and heat, assuming those are individual utilities for each unit.
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9 January 2025 | 0 replies
They can also give you a better idea of how much you should be prepared to pay so you can cruise through your closing with confidence.And as you plan ahead for closing day, be sure to budget for your real estate agent’s professional service fee too, in case the seller doesn’t cover it.
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8 January 2025 | 13 replies
I work for Evernest, a full-service PM company, here in Birmingham.
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7 January 2025 | 5 replies
I suggest using a service like Mayistay.
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10 January 2025 | 12 replies
The issue with this is, section 179 allows this to be expensed when put into service rather than depreciated over X number of years.
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12 January 2025 | 54 replies
Roads, water/sewer, city services, heck even just the planning for such is not a simplistic thing for all.
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3 January 2025 | 5 replies
There are a couple of unique tax laws to real estate investors - 1031 exchange, bonus depreciation on certain improvements, Qualified Opportunity Zones, real estate professional status, etc.Make sure that the accountant you interview to understand the above concepts.best of luck!