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14 October 2024 | 3 replies
Hey Everyone,
I own a duplex in San Pedro, California, and I’m trying to confirm how much I can legally raise the rent. I’ve found conflicting information on municipal websites. One source says 4%, while another stat...
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19 October 2024 | 16 replies
But if your amount of available cash is limited, then you might be better off starting with single-family and working your way up as your cash grows.
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18 October 2024 | 4 replies
TL;DR* Aggressively pushing 'maintenance' and for the most part for things not requiring any maintenance* In-house maintenance rates are eye-watering, way higher than what you'd see in even most expensive markets* Maintenance does not require owner's approval - RL reserves decision what to do when, cheaper plans have higher limits and all are at RL's discretion * Refuses to manage in many parts of townLonger versionSigned up for their service after a few conversations over the phone - owner stressed investor-friendly approach.
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18 October 2024 | 8 replies
Which makes him odds on bet to be a “bad” (no pay - late pay) tenant2.
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17 October 2024 | 4 replies
The tenants know the mini split is their best bet for controlling temp on their side, but they do not want to not pay for the energy to run it and would prefer the gas gets used (gas is included in their lease.)
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18 October 2024 | 23 replies
I would say, your best bet is to reach out to property management groups in your investment area that specializes in section 8.
17 October 2024 | 6 replies
I used to get irate when I would see or hear some of the things spewed by wholesalers but over the years my temper has calmed as I’ve come to realize the inaccuracies they spread are in most instances not malicious, they merely have such limited knowledge that they don’t know any better.
18 October 2024 | 34 replies
Without the judicious use of leverage (debt), success in real estate investing is severely limited, especially when the investor has limited capital to work with.If you’re looking for 8% ROI with little - moderate risk, no leverage is necessary.
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16 October 2024 | 4 replies
You best bet is to contact a realtor, and have them run comps (most will do it for free).
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16 October 2024 | 5 replies
I was slow to start because of limiting beliefs about myself, based on my upbringing and what I saw from my peers (military).