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13 November 2024 | 22 replies
In the spirit of order of operations, might be helpful to break down in this fashion: 1) With your 401(k), do you have pre-tax money and post-tax Roth funds?
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11 November 2024 | 19 replies
I have an operate account for my cabin that I pay for as a backup.
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10 November 2024 | 1 reply
Has anyone been in a situation where they acquired a condo and operated it as an STR when the HOA did not make the exclusion in their CC&Rs, but then faced resistance from the HOA?
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11 November 2024 | 65 replies
Operator positions themselves as the owner of the Property Management company when they in fact, are not.
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6 November 2024 | 4 replies
You don't have to actually sleep there every night to comply.
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11 November 2024 | 29 replies
Having someone who has owned and operated a similar asset is worth its weight in gold.
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8 November 2024 | 17 replies
If she does not comply, file for eviction.
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8 November 2024 | 14 replies
I’m continuing to put out plenty of offers on various properties and exploring different approaches to see what gains traction.For this one, I’m considering proposing a rent-to-own/deal finance contract with strict contingencies—something like requiring monthly photo proof of bank loan payment, with the understanding that failure to comply would result in a loss of equity of the seller.
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8 November 2024 | 31 replies
@Kayla Givens Do you own the houses where you operate the SL homes?
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10 November 2024 | 8 replies
Yes, you can ultimately own a property with little/nothing out of pocket when you're done - but when you reposition with today's rates even moderately leveraged stabilized assets can be hard to find cashflow with debt service and a realistic operating expense load.