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5 August 2024 | 13 replies
Most conventional investment property loans, which offer lower interest rates and 30-year amortization, require the property to be in your personal name.As a result, many investors initially secure the loan in their personal name and then transfer the property into an LLC.
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5 August 2024 | 16 replies
To offset the build cost you need more units to carry the lower margins initially.
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4 August 2024 | 5 replies
This can minimize potential liability or tax issues later on.Bank Accounts for Each LLC: While using a single business account may be convenient initially, opening separate bank accounts for each LLC might be necessary as you expand to maintain a clear distinction between each entity’s finances.
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3 August 2024 | 11 replies
Hi Ryan, ironically, I initially dabbled in the Cleveland area earlier this year.
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3 August 2024 | 5 replies
You can generally place a voucher tenant in any property.In order to place a section 8 tenant you will have to pass an initial inspection as well as an annual inspection where they tend to be more strict and have you fix things that you may not have addressed for a market tenant.
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3 August 2024 | 14 replies
School is in session. :)You want to refer to Iowa Code 562a Uniform Landlord and Tenant LawIn particular, read 562A.12, 562A.29 and 562A.33.I'm not an attorney but your case appears to fall under "abandonment" or "surrender."
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4 August 2024 | 13 replies
Our wishlist includes a view or access to the ocean for surfing and at least a nearby marina or launch for a boat, although our initial target area is in Rincon.
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3 August 2024 | 27 replies
With judicial foreclosures, it is not so clear.Sometimes, the guardian ad litem appointed by the court must continuously ask the plaintiff's lawyer for information required by law but not voluntarily included in the initial pleadings package.
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2 August 2024 | 5 replies
It automatically handles all the initial calculations for listings within 50 miles and updates daily.I'd love to hear your thoughts and any suggestions you might have.
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3 August 2024 | 11 replies
Betting on appreciation for the recapture of initial funds in this market with a refi may put you negative cash flow.