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7 November 2024 | 30 replies
Furthermore once the 1031 intermediary get their cut and you also pay two sets of closing costs ( buyers now have to pay closing costs in some states ) as opposed to just one closing cost ( if not doing the 1031) it might be a “half a dozen vs 6 of the other “ scenario .Also one of the turn offs to the 1031 exchange is the interest rate will be much higher with todays rates especially since we would have to get an investment property loan which are higher than “ primary residence “ loans ..Will probably lower the rent asap ( have one more showing ) and then put it on the market .Thanks for the great advice Christian
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4 November 2024 | 1 reply
I have bought multiple properties personally, where rents were very low to begin with, and were even locked in for over a year, but once that renewal came up, I was able to simply raise the rent and keep the current tenant.
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7 November 2024 | 15 replies
So, I would presume that if a tenant sent a partial electronic payment I could simply refund it even at the court hearing claiming that I am not accepting the payment.
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4 November 2024 | 21 replies
A ton of questionable money raisers are running around as "co-GP", but do they "really" co-GP or is it a shell title with no authority nor a legit role outside of raising $ for a cut?
30 October 2024 | 10 replies
I’d much rather create that reality than simply cutting down our costs and deleting all of our passive income.
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1 November 2024 | 7 replies
If you believe the fed will keep cutting you may want to analyze if a variable rate would be viable for your situation.
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4 November 2024 | 12 replies
Honestly I would say just try it out for 1-2 months and if its not creating a huge difference then just cut it off.
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1 November 2024 | 6 replies
Is that per TV or cover the whole house.I have upscale vacation rentals so I'm personally not cheating out by not providing cable channels.I even put this in my ads. " If other properties aren't even providing cable channels, what other corners are they cutting?
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3 November 2024 | 4 replies
The time commitment the HH properties took from our company made them simply untenable to continue to manage.