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29 November 2024 | 9 replies
of course this is a correct description but lets talk a bout reality.very few loans for most investors will be non recourse unless they are very large loans but the average under 1mil loan 97% of the time will be full recourse unless the lender is not ready for prime time.
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5 December 2024 | 554 replies
@Alvin SylvainNeither of you are correct
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1 December 2024 | 8 replies
Used correctly it will help remove all sorts of stains.
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6 December 2024 | 12 replies
But I’m still not 100% sure which is the correct answer...
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3 December 2024 | 10 replies
@Jasmine G.i think you've analyzed the market correctly.
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2 December 2024 | 1 reply
We need to rebuild this area correctly so that it lasts for generations to come.If anyone has any questions about post-storm projects or deals, feel free to reach out.
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26 November 2024 | 4 replies
A few things to keep in mind:Section 8 requires the property to pass an inspection based on HUD’s Housing Quality Standards (basically making sure it’s safe and well-maintained).The rent you charge has to align with Fair Market Rents (FMRs) in your area, so it’s good to check what similar properties are renting for.You’ll still be responsible for maintaining the property, but the upside is that a chunk of the rent is guaranteed by the government, which can provide steady income.Check with the local housing authority about any specifics for your area—every jurisdiction does things a little differently.This could be a great niche if you can find a good deal on the land and make sure your expenses (like maintenance, insurance, and occasional vacancies) are covered by the rental income.
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30 November 2024 | 2 replies
@Jeff S. is 100% correct.
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27 November 2024 | 7 replies
This reduces vacancy risk and helps maintain cash flow while you learn the ropes of being a landlord.
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30 November 2024 | 4 replies
Typically the gas and electrical are sub-metered unless it's not zoned correctly.