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17 February 2025 | 9 replies
It was my only option because I had limited funds and wanted a better future than my day job alone was going to provide.
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4 February 2025 | 0 replies
But in reality, holding on too tightly limits growth, causes burnout, and actually costs you money.Why Letting Go Helps Your Bottom Line✅ Frees Up Your Time – Instead of handling every single tenant issue, you can focus on strategy, acquisitions, and big-picture decisions.✅ Allows Specialists to Do Their Jobs – A leasing agent will lease faster than an investor juggling 10 different tasks.
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14 February 2025 | 37 replies
The health department doesn't limit the size of the approval in order to be difficult; they do so to ensure safety and sanitation of the occupants of the house and its neighbors.I see this all of the time in the Smokies.
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24 February 2025 | 9 replies
FNMA does have limited allowances if the LLC is whole owned by the borrower. https://servicing-guide.fanniemae.com/svc/d1-4.1-02/allowabl...There's really only three reasons to put your SFR properties under an LLC:1) A DSCR lender requires it: just setup the LLC correctly.2) Anonymity: In Michigan, you can create an LLC with a Registered Agent and use their address to hide your ownership. - Have seen many investors create their own LLC and use their name & address:(- Only works if you put a property in LLC when you purchase.
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10 February 2025 | 4 replies
Masthope had been rumored to be limiting STR, but it seems they are keeping their eye on the fallout after the big court win in Lake Ariel - https://www.timoneyknox.com/reversed-short-term-rental-regul...
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18 February 2025 | 9 replies
If you are going to rent it and want to take advantage of the tax benefits be aware of material participation requirements and limitations on personal use.
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20 February 2025 | 5 replies
I’ve been in a similar position where I wanted to scale but equity was a limiting factor.
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18 February 2025 | 8 replies
Can I make an appealing master bathroom to capture emotional appeal of a buyer within the limited space?
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18 February 2025 | 6 replies
That way I wouldn't be subject to long term capital gains tax and save a decent chunk of change.Also, my understanding of gifts, in this case money, is that there is a yearly limit to how much you can give someone without having to fill out form 709.
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24 February 2025 | 20 replies
I know of an FCU here in SC that will go up to 100% CLTV (First mortgage plus HELOC limit can go to 100% of your appraised value.)