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17 January 2025 | 5 replies
Electric: is the easiest to split, but may require holes cut in walls to separate the units.Gas: gas lines aren't as flexible as wires, but it can usually be done affordably.Water: most cities will NOT install additional water meters on a property.
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15 January 2025 | 2 replies
That would probably require a professional.
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24 February 2025 | 147 replies
Tardus has hundreds of clients who are using the old "tried and true" methods that are extremely passive or finding new ones that require further due diligence.
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3 February 2025 | 31 replies
Utter blasphemy, only "unsophisticated" investors buy in cash.An experienced investor once told me "why use my cash, when I could just default on OPM" I know its not popular thought on BP.. and of course ramp up requires it unless you inherit a ton of dough but as we age out I sure like free and clear and no debt.. just the hassle factor of having to make payments :)
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31 December 2024 | 3 replies
So, I also require that :Monthly Rent + Monthly Debt Payments <= Gross MONTHLY Rent * 45%This is similar to how mortgage qualifications work by considering the applicants' debt loan along with their housing cost in relation to their income.
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14 January 2025 | 28 replies
My current solution of using Baselane is by far the most cost effective and easiest, but it still requires that I spend time bookkeeping.
17 January 2025 | 7 replies
A property manager not requiring this raises serious red flags.
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18 January 2025 | 4 replies
LIHTC properties can have requirements that stay with the property for up to 15 years.
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14 January 2025 | 8 replies
Due to item 1, adding an ADU can require years to start achieving any return (once the accumulated cash flow recovers the initial negative position).4) Adding an ADU is a slow process.