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4 June 2024 | 4 replies
Hi BiggerPockets community,I'm considering purchasing a 2-family home in Guttenberg, NJ, which was previously registered as rent control with the town.
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7 June 2024 | 2 replies
Statistically, it will if I don't get control of the situation.Taken together I'm increasingly in a situation where getting paid rent by the tenant promptly and by the city or state... eventually.
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9 June 2024 | 223 replies
I keep my fee rather low because I personally believe that legal fees have gotten out of control.
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5 June 2024 | 2 replies
Hello,I own a rental single-family house in Los Angeles which owns by my land trust name. The beneficially of land trust is my CA single member LLC.
Single-family homes and condominiums are only exempt from AB 1482...
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6 June 2024 | 6 replies
I haven't had any experience with it personally, but I have some contacts at Bee Safe, a brand based in Greensboro, NC and focused on climate-controlled storage facilities in retail locations.
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5 June 2024 | 0 replies
We learned the importance of precise budgeting, as managing $30,000 in renovations required careful oversight.
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7 June 2024 | 14 replies
Outside of my principal & interest costs, here are my monthly expenses:Electric: averages $300Water: averages $50 (including irrigation water for lawn)Management (includes weekly pool care, trash cans out & in, pest control): $280HOA: $52Property taxes: $400Insurance: $325Lawn care (weekly): $100Florida STR license: $15Niceties (internet, tv services for guests): $100, and this is generous as I include some stuff I pay for from my own house that would cost more if I didn't.
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8 June 2024 | 1 reply
If you can't keep control of your personal finances, you are highly unlikely to succeed in real estate investing.
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6 June 2024 | 8 replies
The main reason to prohibit subleasing is that you lose control over how the property is managed.
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5 June 2024 | 0 replies
The main challenge was ensuring a smooth transaction, which required precise coordination and efficient execution.