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25 October 2018 | 7 replies
I will also create an upfront operating account fund to cover any unexpected issues that occur before I build an adequately sized reserves account from the ongoing savings.
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25 October 2018 | 3 replies
well price is one component and interest rates are another..
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26 October 2018 | 3 replies
A tenant unexpectedly left a week before closing.
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1 November 2018 | 7 replies
We never know if the place will always be fully leased or unexpected expenses come up to cause the DSCR to be lower for that one year.
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29 September 2020 | 8 replies
But if you are improving any structural components at the property, you will need an engineers stamp on plans as well.
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29 October 2018 | 98 replies
(You must make at least $100 over and above your expenses for each rental unit to allow for vacancies and other unexpected expenses).I also highly recommend buying more than one property at a time.
1 November 2018 | 2 replies
Account Closed, There's another component to your question that is critical.
7 November 2018 | 6 replies
The issue I'm having with this new entity is the operations components exceed my scope of knowledge.
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3 November 2018 | 7 replies
In addition to the educational components you mentioned, I suggest you network with like-minded investors locally to you and in the areas where you plan to invest.
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5 November 2018 | 4 replies
As Michael stated you can get more detailed with a cost segregation study to further breakdown the building value into the structural and necessary components that have 27.5 year depreciation schedule, land improvements have 15 year schedules and tangible personal property has a 5 (or 7) year schedule.