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22 November 2024 | 1 reply
Tax returns for the property are unavailable………………tax returns show consistently large loses8.
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25 November 2024 | 12 replies
My key goal is to get educated as well as identify sponsors with a consistent track record and good operators who underwrote and have operated properties well.
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23 November 2024 | 2 replies
Are vacant properties in Texas a better investment compared to other property types, considering factors like acquisition costs, demand, potential appreciation, and holding expenses?
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24 November 2024 | 19 replies
This can lead to more opportunities and partnerships.Market Understanding: As a property manager, you'll gain a deeper understanding of the local market, which can be invaluable when you start acquiring your own properties.Steady Income Stream: Property management can provide a consistent income, which can be particularly beneficial in the early stages of your real estate venture.Skill Development: You'll develop a range of skills from customer service to maintenance oversight, which are crucial for successful property ownership.Brand Recognition: Establishing a presence as a reliable property management company can boost your reputation, making it easier to attract tenants and investors when you start acquiring properties.Cons:Time Commitment: Property management can be time-consuming, especially if you're dealing with multiple properties or demanding clients.Regulatory Compliance: Staying compliant with local laws and regulations requires diligence and can be complex.Conflict Resolution: Dealing with tenant issues and conflicts is an inevitable part of property management and can sometimes be challenging.Financial Risk: There are financial risks involved, including late payments or damage to properties.Market Fluctuations: The property market can be unpredictable, affecting both rental income and property values.Overall, starting with a property management company can be a smart way to enter the real estate space, especially in an area with a clear need for such services.
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26 November 2024 | 9 replies
This way you will be able to compare contractors' estimates, which can vary widely.
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26 November 2024 | 35 replies
I've got great credit and a healthy amount of capital compared the loan amount.
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24 November 2024 | 7 replies
How much thought should I put into the selling my home to avoid the future taxes from growth compared to staying in my home another 20-30 years?
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18 November 2024 | 13 replies
It has been doing well renting consistently.
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25 November 2024 | 32 replies
Like objectively bad compared to people in other professions.
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25 November 2024 | 23 replies
We're buying a $93k printer to get more mail out the door, and this is nothing compared to the printers the big mail houses use.