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23 October 2024 | 7 replies
You need to do more than a day of fixups - painting, carpet steam cleaned, cleaning all drawers and appliances, exterior touchups.You have a "perfect" process set out, but it's one that will push you to make a bad tenant decision and not vet them properly.
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23 October 2024 | 2 replies
These reports have been invaluable in helping me make informed decisions about my rental properties.If you're a landlord looking to simplify your life and improve your rental property management, I highly recommend Baselane.
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23 October 2024 | 3 replies
Hi all - I'm struggling with what the best type of analysis to use to come up with to compare investment options and wondering if anyone could help me focus on the right metrics.I am trying to make a decision on build on an existing piece of land that I have or to buy a completely different deal.Details:- Currently own/operate a triplex that cash flows very well.
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22 October 2024 | 7 replies
This will assist investors in making informed decisions and to potentially identify lucrative investment opportunities.More Accurate Property Valuations: Property values are assessed more accurately when utilizing AI tools as they are able to take into account multiple factors including market conditions, location and the features of a property.
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24 October 2024 | 33 replies
People who qualify for S8 are poor.
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23 October 2024 | 15 replies
I’d like to make informed decisions before doing so, if that makes sense.
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23 October 2024 | 8 replies
The problem in school is the poor way they teach basic math, Algebra, and Geometry.
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22 October 2024 | 10 replies
Hi there,Congratulations on starting your real estate investing journey and completing the rehab on your Detroit property It sounds like you've done a lot of work and are now at a critical decision point.First, let's break down your situation:- You've already done major rehab and have a tenant in place.- You analyzed the hold option and know it can cash flow.- The property is not getting much traction as a turnkey, and your hard money loan is maturing soon.Here are some key things to consider:**Refinancing with a DSCR Loan:**- DSCR (Debt Service Coverage Ratio) loans are great for investors because they focus on the property's cash flow rather than your personal income.- Make sure the property appraises for the calculated ARV (After Repair Value) to get the best loan terms.- Consider the loan terms, interest rates, and any prepayment penalties.
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23 October 2024 | 19 replies
You want an accountant who can help you strategize and who is responsive when you want to know the consequences of the financial decisions you are making throughout the year.Good luck.
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23 October 2024 | 5 replies
People sometimes make bad decisions in life and you have to decide whether it is forgivable or not.