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22 October 2024 | 20 replies
.- All hardware should be present, property secured, and in good working order (e.g. door stops, light fixtures, faucets, toilet paper holder, hand & bath towel bars, drawer/cabinet pulls, hinges, door knobs/locks, etc.).- Carpets must be professionally cleaned or, if necessary, replaced if there is excessive wear.- The yard must be in good order with no debris, either natural or other.
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18 October 2024 | 8 replies
Personal loan secured by the property: Same deal, no verbiage that I see making it appear that this is personally guaranteed3.
17 October 2024 | 2 replies
I know this can very widely and depending on soil type, etc. there can be a lot of changes.
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14 October 2024 | 24 replies
I have a small real estate portfolio and a long investing horizon as I'm in my early 30s.Thoughts on why to stop 401k:- no match benefit- returns are very low avg. annual ~5.5% last 3 years net of fees- can only borrow up to 50k from 401k - limited access to capital until retirement age Thoughts on why it could be good to invest in ETFs or general securities example instead(SPY) :- higher returns 9% avg annual last 3 years net of fees - access to capital - securities backed line of credit (could be used as another form of liquidity to continue purchasing real estate) - long-term mitigated tax liability - if you never sell the underlying securities and instead use the line of credit as a form of liquidity to purchase assetsIt seems like this could be a long-term strategy with limited tax liability.
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21 October 2024 | 28 replies
I’m looking forward to starting this journey and securing financial freedom for my family for years to come!
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19 October 2024 | 5 replies
My plan is to read about 10 books on the subject and engage with others in the real estate community over the next six months, all while working on building a strong credit score to secure my first loan.In the meantime, I’d love to hear your advice!
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17 October 2024 | 12 replies
The PM is still responsible for giving you any monies owed from rent and/or security deposits.
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17 October 2024 | 14 replies
This widely depends on a few factors:1.
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18 October 2024 | 23 replies
The prior, new tenant turned on the utilities a day before moving in and the laundry room valves were wide open, flooding the home.
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15 October 2024 | 2 replies
Just wanted to share that deck projects can be rough and prices can vary widely, but the labor costs can be quite high.