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11 December 2024 | 6 replies
There is no given answer here, because the whole property needs to be relatively consistent.Kitchens and baths are the common answer, but if they are passable and you choose to invest in them anyways at the expense of peeling paint (or off putting exterior color) and overgrown landscaping, the appraiser and tenant will be walking up with a bad taste in their mouth, thereby not valuing the interior work you have done.But think about the general flow of someone looking to rent: more bedrooms will typically dictate more rent.
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10 December 2024 | 6 replies
Pre-approval for loans is essential, as is learning landlord-tenant laws to manage effectively.
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13 December 2024 | 7 replies
To estimate closing costs and monthly expenses for a multifamily property, closing costs in New York typically range from 3-6% of the purchase price.
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11 December 2024 | 2 replies
Mortgage interest deductions are typically claimed by the partnership on its tax return and passed to partners via K-1 forms.
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14 December 2024 | 6 replies
., after a divorce or separation), you may qualify for a second FHA loan for your primary residence.Non-Occupying Co-Borrower: If you were a co-signer but did not occupy the original property, you may qualify for another FHA loan as the primary borrower.Important Note: FHA guidelines typically require you to demonstrate that the current property will not meet your needs or is no longer feasible as your primary residence.2.
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18 December 2024 | 24 replies
However, it’s important to factor in HOA fees, local regulations on short-term rentals, and property management logistics.The Las Vegas market doesn't follow the 1% or 2% rule typically seen in cash flow-heavy markets, but it can still offer good returns through appreciation and strong rental demand.
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10 December 2024 | 7 replies
What kind of deal would you "typically" be able to find.
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13 December 2024 | 9 replies
It’s always smart to do your homework and make sure the provider’s model aligns with what you’re looking for.As for fees, management companies typically charge 8-10% of the monthly rent.
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11 December 2024 | 3 replies
For quick and easy, typically check the property sale records and MLS for residential.
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10 December 2024 | 100 replies
There's really just not a heavy demand for DIY home buying, which is essentially what all of this comes down to - cutting the fees and services offered to buyers and sellers in the hope of capturing market share from traditional agencies.