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2 October 2024 | 4 replies
There is some helpful items overall about eviction in this guide from MSU that I recommend you keep on hand as a helpful resource if you're going to self manage, but since the daughter is not on the lease, this guide doesn't directly address that issue.
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4 October 2024 | 9 replies
If you’re just starting out, a long-term rental could be the safer bet for consistent returns and lower management hassle.On the other hand, some investors prefer out-of-state opportunities for better cash flow and affordability.
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3 October 2024 | 7 replies
Plus, many build-to-rent options come with property management baked in, which can be a huge benefit if you prefer a hands-off approach.On the flip side, BTR properties can sometimes come with a higher upfront cost or a longer timeline to start generating cash flow, especially if construction is still in progress.
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2 October 2024 | 15 replies
Along my journey to understand how to acquire my first property, I have encountered people that swear it’s possible to use other people’s money (for down payment, closing cost, rehabs etc) but on the other hand I have investors of 20,30,40+ years who think I am absolutely nuts for even thinking it’s real & make it very clear that I am an idiot for ever believing such a thing and will 100% need to come up with my own funds.
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3 October 2024 | 17 replies
Is there anyone on here with good references of contractors that can help me out along with the best property managers in the area for me to visit with to determine who I should hand over operations to once the work is done.
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4 October 2024 | 17 replies
On the other hand, a 200%+ return is fantastic and if they had been able to achieve that, perhaps rewarding the GPs for it is appropriate.6.
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3 October 2024 | 10 replies
On the other hand, a broker is also incentivized by you buying the property so their opinions of things could be a little biased.
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4 October 2024 | 35 replies
I have seen a man who when he reads the contracts, will make notes on the right hand margin of the page with a line going back to the portion of the contract that he is noting about.
2 October 2024 | 28 replies
Might they blow their hands off, yes.
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3 October 2024 | 2 replies
But if your husband is adamant about not leveraging your primary, you have to play the hand you are dealt.If you want to owner-finance your current primary, you'll gain cash flow (acting as the bank), but sacrifice the cash you want to use for another primary or investment property.