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28 July 2024 | 6 replies
Add charges for rent for the remaining months, estimated utilities, estimated cleaning and repairs and cost to re-rent (in our case: cost to PM is 1/2 a month's rent).
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30 July 2024 | 30 replies
From my experience, using lithium batteries will save you time and money while ensuring your Real Estate property remains secure.
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29 July 2024 | 5 replies
Even if it remains steady at $6,000 per month, you will earn over $2 million in 28 years.
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28 July 2024 | 10 replies
It's not likely your friend was saying that you would get another HELOC to go in 2nd position (banks don't like to do a HELOC behind another HELOC).My guess is he's saying you get another HELOC with a larger available balance, and use that HELOC to payoff whatever is remaining on your existing HELOC.
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28 July 2024 | 14 replies
If capital is a major restriction, the FHA loan remains an option.Good luck!
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29 July 2024 | 9 replies
If rates remain higher for longer or go up, then maybe best to wait.
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28 July 2024 | 17 replies
If I am not mistaken, IRS tax liens convey with the foreclosure sale and remain on title for 120 days after the sale.
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26 July 2024 | 0 replies
However, the outlook for 2025 remains optimistic, with expected price appreciation, continued demand, and strong job and population growth in the Las Vegas area.Market Trends 2021-2025From November 2021 to May 2022, median prices for townhomes and condos in Las Vegas increased by 18.8%, from $240,000 to over $285,000, reaching a peak of $287,000 in August 2023.
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29 July 2024 | 3 replies
But your tenants should ultimately know that you control their ability to remain in that unit, so if they become too difficult - you just let them know at the end of their lease you will not be offering a renewal if things don't improve - whatever the issues may be.
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26 July 2024 | 0 replies
. $425k) to purchase a 12-unit Apartment ($1.5M) with 25% down ($375k from the HELOC).The remaining $50k from the HELOC could go into fixing/rehab of the 12-units.Then cash-refinance the larger amount from the 12-units to pay off the HELOC in one lump-sum (as much as possible), then using the cash flow from the apartment to pay off the rest of the HELOC.Repeat the process with a new apartment.1) Does this make sense?