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21 October 2024 | 59 replies
This means that while idle money awaits to be spent during the month, it is actively saving the borrower interest cost that month.Total daily interest from one month isn't due until the 21st of the next - which is drafted from the HELOC automatically.
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16 October 2024 | 4 replies
Choosing the right tenant is crucial, so take your time with the vetting process.
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17 October 2024 | 1 reply
It’s crucial to work closely with your broker to ensure a seamless switch, without leaving your business exposed during the process.When Should You Consider the Switch?
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21 October 2024 | 4 replies
The real estate community here is active and full of knowledge that can translate across markets.
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17 October 2024 | 3 replies
Each area has different rules, so it's crucial to get this cleared up early.
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23 October 2024 | 13 replies
Or timeshares which are a deeded ownership structure.I don't know enough about this structure that you are envisioning, but I can't help but assume you are running afoul of something in one area or another that would limit interest.Either too much active ownership in order to satisfy SEC definitions showing it isn't a passive investment.
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19 October 2024 | 16 replies
Year 0: $5,000 x (1 + 8%)^0 / (1 + 5%)^0 ≈ $5,000Year 5: $5,000 x (1 + 8%)^5 / (1 + 5%)^5 ≈ $4,325Year 10: $5,000 x (1 + 8%)^10 / (1 + 5%)^10 ≈ $5,756Year 15: $5,000 x (1 + 8%)^15 / (1 + 5%)^15 ≈ $7,629Year 20: $5,000 x (1 + 8%)^20 / (1 + 5%)^20 ≈ $8,783Income reliability is crucial for financial freedom, and it hinges on the tenant occupying your property.
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24 October 2024 | 33 replies
I encourage my tenants to actively report everything that needs maintenance.
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18 October 2024 | 29 replies
We emphasize that 5-star ratings are crucial to our property's success and ask guests to notify us immediately if anything is unsatisfactory upon arrival so we can resolve it quickly.
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21 October 2024 | 19 replies
She is active in that market.