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1 February 2025 | 1 reply
That's an entire year of cash flow out the window.This is a common, conservative scenario.
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3 February 2025 | 15 replies
No kidding this is as simple as it gets.. just advertise that you accept shorter term leases and riase your price.. we have been doing it in Vegas for years..
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17 January 2025 | 7 replies
I’d love your input on whether this deal could appeal to investors and how best to structure it.Property Details:Worth: ~$300,000HOA: $273/month, Taxes/Insurance: ~$170/monthCurrent Rent: $1,880/month (long-term); next tenant advertised at $1,950/month.Mid-term rental potential: ~$2,400/month (I haven’t tried this, but it’s my estimate).My Financing Idea:Large down payment: ~$125,000 (This is my priority to reinvest elsewhere).Seller-financed balance: ~$175,000 at 4.25% for 30 years.Buyers take over taxes, insurance, and HOA.Questions:1.
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3 February 2025 | 6 replies
I don't think the HOA can restrict what a tenant does within their own unit (the lease can), they can prevent activities in common areas.
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18 January 2025 | 3 replies
Do you think it's common for a tenant to sue for an amount greater than insurance can cover, then take your property or even your personal assets?
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28 January 2025 | 0 replies
Dealing with RejectionRejection is common in real estate, whether it’s lost listings or clients choosing another agent.
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11 January 2025 | 4 replies
In the MLS a property is being advertised by a realtor, but the description says "Non representation listing please call owner direct".
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4 February 2025 | 2 replies
However, the implementation of tariffs, or just the threat of tariffs, is likely to influence rates, by impacting inflation numbers, and this influence may come quickly if prices for many common goods and services and raw materials rise in anticipation of tariffs, or in response to their implementation. - Put downward pressure on demand: I personally believe it is unlikely that Trump actually deports millions of illegal immigrants who have settled in the United States.
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5 February 2025 | 29 replies
I'll give an over-arching view since I am only answering for my own company and don't want to use this as advertising.
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27 January 2025 | 6 replies
Texas tends to favor landlords in these cases, but follow the legal process exactly—any misstep could delay things.As for protecting against retaliation or property damage, installing security cameras (if you haven’t already) to monitor common areas might be worth it.