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29 October 2024 | 24 replies
Apparently you can do it with a "Crédito Multifunções" but there are some restrictions implemented by the Bank of Portugal: If the property was acquired less than 2y ago: This type of loan is limited to 80%-Loan To Cost (from what I understood rehab costs are not included).If the property was acquired more than 2y ago: This type of loan can be used until a max of 80%-Loan to value not limited to the acquisition cost.Let me know if you had different feedback.
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29 October 2024 | 33 replies
Strong demand and limited inventory are driving prices up.
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29 October 2024 | 2 replies
I would use cleaning services but it's my understanding I could use more than one company over the course of the year to limit how many hours one company spends on it.I'm looking into a utilitarian STR more for business travelers, so this won't be one where everything is perfect, it's bound to accumulate wear and tear I think.The STR would be out of state, but I plan to travel there for probably two weeks a year where I would perform many repairs myself.
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28 October 2024 | 0 replies
The program primarily targets corporations and limited liability companies (LLC).Your sole proprietorship is exempt.
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31 October 2024 | 25 replies
My sample size and knowledge is limited, so I hope some local Jackson investors jump in with their advice.
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1 November 2024 | 19 replies
I really want something that doesn't require 4WD or AWD which limits options.
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31 October 2024 | 19 replies
It is important to be sure they align with your goals and that you feel they are a right fit for you. https://www.biggerpockets.com/member-blogs/10145/83067-limited-partner-s-guide-to-investing-in-the-right-dealhttps://www.biggerpockets.com/member-blogs/10145/73373-opm-how-to-syndicate-with-successhttps://www.biggerpockets.com/member-blogs/10145/72118-syndication-the-ins-and-outs-of-real-estate-syndication
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31 October 2024 | 12 replies
I'm not a lawyer or expert on deal structuring but what we see the most common is a single GP (general partner) and a number of LP's (limited partners).
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28 October 2024 | 2 replies
Remedy after termination.If the rental agreement is terminated, the landlord may have a claim for possession and for rent and a separate claim for actual damages for breach of the rental agreement, reasonable attorney fees as provided in § 55.1-1245, and the cost of service of any notice under § 55.1-1245 or 55.1-1415 or process by a sheriff or private process server, which cost shall not exceed the amount authorized by § 55.1-1247, and such claims may be enforced, without limitation, by initiating an action for unlawful entry or detainer.
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28 October 2024 | 5 replies
Start with limited funds and use rental income to save for the next investment.Good luck!