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20 November 2024 | 18 replies
Help with Expense tracking and categorization: You can sync your bank accounts and credit cards to automatically categorize expenses related to your properties.
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19 November 2024 | 1 reply
The profit-sharing agreement, signed directly with the lot owner, should outline the terms of splitting the net profits after the sale, including how expenses are calculated and timelines for payouts.
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22 November 2024 | 7 replies
It sucks because it's a great community and I DO want these tenants to be happy while I am out, but not at the expense of my sanity and my family.
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20 November 2024 | 1 reply
So, if interest rates are a buyer’s primary roadblock, then I recommend negotiating a rate buydown at a seller’s expense or looking at new construction, where builders are offering rate reductions and other substantial incentives.What if I’m a seller?
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21 November 2024 | 21 replies
Instead they get a maintenance request and call an expensive plumber who is unsupervised and pretty much has a blank check to do whatever they want.
21 November 2024 | 8 replies
Everything will be far more expensive.
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20 November 2024 | 9 replies
HI Pinny,You can always start off by house hacking meaning you live in one UNIT or ROOM and renting out the other vacant units/rooms to offset your monthly mortgage payment.There are several ways to run and make sure you are maximizing your rental income while keeping your living expense as low as possible.
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19 November 2024 | 3 replies
My initial goal was to long term buy and hold but am thinking holding properties long enough so I do not get the capital gains tax and selling then 1031 exchanging to getting more properties or more expensive properties.
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20 November 2024 | 23 replies
It takes longer to lease in-person-and it's expensive.
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20 November 2024 | 4 replies
They seem expensive, but they can probably demand a higher rent rate that will cover their costs.