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15 December 2024 | 10 replies
It's my understanding that the city is responsible for all the piping up to the curb stop in my front yard and I am responsible for the curb stop to my property.Yes from the water meter to the house is generally the owner and from the main line to the meter is generally the city..
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17 December 2024 | 16 replies
Hi @Yents Ybrimovic - I love the FHA 203k renovation, but to be honest I love the Fannie May HomeStyle renovation loan even more.As an investor and a general contractor, I have used both products here in Chicago!
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17 December 2024 | 22 replies
Just seems to reflect the reality of generally tight market conditions across most of the U.S. currently, tough to find higher returns.
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12 December 2024 | 6 replies
Generally, the builder will also own the mortgage company to recover some of what they give up in credits via the profit on the loan.
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16 December 2024 | 19 replies
Quick google search on Texas rules around entering YOUR rental property: "In Texas, landlords are required to give tenants reasonable notice before entering their rental property for an inspection, but the law doesn't specify an exact timeframe. 24-48 hr. notice is generally considered appropriate.
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12 December 2024 | 6 replies
Generally you go with the strictest ruling.With that said, it becomes a risk play.
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15 December 2024 | 59 replies
If you are trying to go for 4 or 5 people I would stop and consider if a general theme for the home would work so that the people living there have at least something in common.
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13 December 2024 | 15 replies
Best call the town's rent control office and make a general inquiry to confirm.
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11 December 2024 | 2 replies
Generally, the properties that benefit the most from a cost segregation study are properties that are remodeled, expanded, purchased or constructed after 1987, the year in which the Investment Tax Credit was enacted.
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15 December 2024 | 7 replies
The headache of playing peacemaker between 3-5 unrelated tenants doesn't sound worth the premium management fee; not to mention rent by room generally brings in lower quality tenants which require significant more management.With that said, higher rates are pushing investors toward rent by room simply because it's the only option for cash flow (at least in Denver) which is why I have so many folks reaching out.If you currently have rent by room investments or perhaps you're a PM currently offering rent by room, I'd love to hear your feedback and any advice you may have.