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3 August 2018 | 7 replies
I got the shaft for about $35,000 myself a few years back.It's no fun paying an outsized personal tax for the banking stability of the USA.
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31 January 2022 | 15 replies
We just had a disgruntled tenant leave us a bad review which SUCKS but it’s property management, it’s not always fun and it’s not always pretty- or ever?
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6 September 2020 | 8 replies
. - Lot more inventory to work with (flexibility)- I see many affordable homes 150k-250k range and multi unit homes around 250-400k range- Thinking of buying between or near UNLV university/ main strip so I have faculties, staff, students from the universities as well as employees from the casino/hotel- Property Tax is cheaper (but can be a con in other states).Con & other inputs: - I feel like Las Vegas have short term residence more than long term residence (most of the properties seems to be owners who are not purchasing to live but to use it as vacation home or short/long term rentals.... so many properties can be vacant and potentially allow squatters/long eviction process)- Nevada law require a "responsible" person aka landlord/property management within 60 miles - Distance (I like to buy my properties locally because I can stop by or fix something if needed either by myself or contractors that I work with/familiar with- Property Management fees since long distance - Finding a property management company that is reliable and trustworthy. - Unfamiliarity with the area/surroundings- Lower Rent compared to CA but I know I can't compare apples and Oranges (But I don't want to invest just to break even)------------------------------------------------------------------------ Tax questions ***Some state does not have tax on income(?)
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7 January 2022 | 47 replies
Plus from the sounds of it, it's a personality conflict that's not going to be in the lease.But if you want to disect a poorly worded lease for fun I guess have at it.
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19 January 2021 | 116 replies
Las Vegas Nevada - Very close to CA so I can either drive or fly short distance- No income tax- Can be maybe used for vacation rental- Low Property Taxes*** Worry is economy is heavily based on casino/hotel so if there is a downturn in the economy potentially have a lot of vacant properties in the area due to laid off/less tourist/etc *** Slight concern that I have is that I look at number of renters/landlord ratios (is it owner occupied or for investment?).
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18 October 2018 | 6 replies
This was definitely a fun project although it had it's challenges.
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13 December 2018 | 26 replies
Seeing @Melissa McRay Johnson get out of her comfort zone and do the podcast was fun.
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12 September 2018 | 14 replies
It was a fun year, and the new board candidates are now watched much more for what their interests are.OP you really need to talk with the guy and find out what his game plan is.
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19 September 2018 | 2 replies
It’s always fun to read stories n idea on this forum.