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10 February 2025 | 9 replies
Are you looking to house hack on the fix & rent?
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19 January 2025 | 6 replies
I mainly want to ask if these assumptions are reasonable and if there's anything I haven't considered:(1) multifamily units in NJ close to New York City, ~$1,000,000, 20% down payment, (2) Using the following assumptions: 4% appreciation rate, 6.5% interest rate and 5.0% refinance after 5 years, $10,000 yearly maintenance fee(3) ~$6,000 monthly rental and assume 3% increase yearly with 5% vacancy rate(4) Based on the above, the calculated IRR if selling at the 10th year is ~19% (considering tax benefits) and ~17% (without tax benefits).
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26 January 2025 | 24 replies
The tenant can lose their housing voucher so inform them that you are speaking with the Housing Authoring because they have violated the lease agreement by blasting music all night.
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24 January 2025 | 1 reply
Additionally, many deals tend to fly under the radar, so networking within organizations like NARPM (National Association of Residential Property Managers) can help uncover opportunities.If anyone reading this is considering selling their property management company in Texas, feel free to share—I’m genuinely interested in connecting.
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2 March 2025 | 13 replies
In the case nothing is violated and I don’t renew the lease, you think I could still contact their section 8 rep letting them know I’m not renewing his lease advising him to find housing elsewhere?
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20 January 2025 | 31 replies
We just fixed up the house and have it on zillow with several applications in 24 hours.
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2 February 2025 | 0 replies
I am trying to hire a licensed REA for my LLC to perform occasional open houses and move-in/move-out inspections since I am out-of state from my rental property.I have the REA identified, now I just need to know the steps to creating a contract for them and me to sign.
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15 January 2025 | 8 replies
It's the concept of buying the debt attached to the mortgage rather than buying the house.
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30 January 2025 | 8 replies
Just keep in mind the process can take a little longer since you’d need to work with contractors and follow FHA’s requirements.4.Your End Game: Whether you’re planning to stay long-term, rent it out, or sell once the work is done, it’s important to have your exit strategy mapped out.
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4 February 2025 | 2 replies
The stone elevation can be expensive but will really move a house quickly with the added curb appeal.Some things I like to add for not much extra cost..