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6 February 2025 | 1 reply
.- To utilize the Mills Act requires a few things: An application (not free), inspections, and most importantly a contract with the city in which you promise to rehab and maintain the historic nature of the property.- The inspections are only 5 years, but tenants are not likely to take care of them home as well as you, and refurbishing hardwood, lath and plaster, and anything else is going to be much more expensive than the typical Landlord special (white paint, and grey LVP)It will all come down to making your numbers work.
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6 February 2025 | 4 replies
@Michelle Hardy Just adding, check your local city too for their requirements, many have specific requirements that the state may not have.Here in VT in the towns my properties are in, there is not a requirement to keep them separate or pay interest.
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28 January 2025 | 9 replies
When you converted the 3rd unit and put it on your tax return was it done through the city?
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29 January 2025 | 11 replies
Initially I didn't have a personal connection to the area and didn't know much about the city.
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6 February 2025 | 13 replies
The best areas to consider include East Point, West End, Kirkwood, Decatur (outside city limits), and Marietta, each offering a balance of affordability, appreciation, and rental demand.
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7 February 2025 | 3 replies
Plug in your city and see what others are charging.
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28 January 2025 | 1 reply
I can think of some obvious cities where chip manufacturing plants are being constructed that will benefit from AI.Looking for a discussion on what cites or MSAs will benefit the most from the AI revolution and why?
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31 January 2025 | 8 replies
New Jersey is not a horrible state for investing it is more so certain towns and cities that give NJ a very bad name.
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23 January 2025 | 3 replies
If there is not one in your area, look for the closest biggest city or consider starting one for your area.3.