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16 July 2024 | 6 replies
It helps you find reliable property management partnerships and gives you everything you need to make confident hiring decisions:Expert Matching: Match with professionals who meet your criteriaExtra Assurance: Licenses, experience, ratings, reviews, and more that can be cross-checked with BiggerPockets membersBonus Content: Receive an essential interactive workbook: “How to Interview Property Management Companies
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14 July 2024 | 27 replies
AND this doesn't include the increased principle paydown I also have with a loan that has already amortized for 2 years!
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16 July 2024 | 0 replies
In this recently issued memorandum, Austin City Council requests that the City Manager modify the city’s STR regulations as needed to bring them into compliance with the ruling.Going forward, there should be essentially no substantial difference in treatment between owner-occupants and investors/non-owner occupants when it comes to Austin's STR regulations.
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14 July 2024 | 9 replies
@Redgy Saint-Germain I'm currently in the process of a 203k loan and my mortgage officer said they would apply the left over balance to my mortgage balance as a principle payment, but the monthly payment would stay the same.
15 July 2024 | 5 replies
Essentially every deal that's been closed has been with 0 support, so she's made $100,000+ from just originally signing off on my salesperson's license.
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15 July 2024 | 6 replies
When we take on a new door, our fee structure is essentially a guess and a "hedge" against future claims (against our time.)
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16 July 2024 | 41 replies
Paying $40,000 for “mentorship’s” which teach you nothing about real estate principles, real estate finance, or real estate law3.
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12 July 2024 | 10 replies
Rent $2,600/month as MTR Vac (5%) -$130 Main. (5%) -$130 Insurance $97Cap Ex (10%) -$260 Taxes $240Utilities -$175 NOI $1,905 PITI+PMI= $3,846Net Income as HH (aka our cost per month)= $1,905 - $3,846 = -$1,941 My wife and I essentially split $1,941/month to live in our duplex in one of our favorite neighborhoods.So you may ask, "What about your ROI?!"
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14 July 2024 | 9 replies
Essentially, I want all cash flow/expenses to be flowing in and out of a business account rather than my personal bank accounts.
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15 July 2024 | 17 replies
It's essentially house hacking on steroids (since you are renting it out by the room and not just a section of the house like a basement), and there's minimal risk.