10 October 2024 | 0 replies
If a seller has more than one source of air conditioning, then it is highly likely that one of these systems does not work properly.Pro tip: Unless you are able to verify repairs needed, do not simply trust/believe what a seller tells you about a non-functional appliance.
8 October 2024 | 14 replies
It didn't even last 2 months before our Amazon Store was shut down for non compliance.
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9 October 2024 | 17 replies
I did see some new builds in south side last time i was there but they were non profits building them they are the only ones that can do this in areas were existing sells for substantially lower than new builds..
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7 October 2024 | 20 replies
I guess the part I'm not understanding is that it sounds you can combine their time for material participation (which is 500 hours), but not for the 750 hours required for REPS...but 750 > 500, if you meet the 750 hours, you already passed the 500 hours for material participation.Or you can get 500 hours combined material participation, but then one spouse needs an additional 250 hours of "non-material participation" (??)
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4 October 2024 | 8 replies
While there's been intense debate about banning STR’s, the strong property rights laws in Texas make such a ban a non-starter.
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7 October 2024 | 15 replies
You can find all of the info here on this site and the internet in general.
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8 October 2024 | 8 replies
A) Just make sure you can do Airbnb in a non-owner occupied property.
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7 October 2024 | 8 replies
Also, the rate at which new properties are being snapped up suggests that there is quite a bit of interest among the investing public.
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6 October 2024 | 2 replies
As someone who's never invested in real estate before Puerto Rico is a very difficult place to start, since of how minimal public data is.
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7 October 2024 | 0 replies
How do you feel about a $700k purchase price with a non owner occupied 4plex DSCR loan 3yr prepayment penalty, 10yr interest only 30yr fixed after$560k loan amount (20% down)7.750 par rate with no costs. monthly payment $3,616.66Or pay $22,295 in closing costs and get a 6.375% Monthly payment of $2,975The monthly payment difference between the two is $641.66And when you take $22,295 in closing costs and divide it by $641.66 that will give you 34.5 months (2.89 yrs) to break even if my math is correctHow do you guys feel about taking a lil less than 3 years to break even on $22,295And the seller is giving me $15,500 in seller concessions thank you everybody for your help!!