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1 September 2024 | 8 replies
When doing your calculations - be sure to include principle, interest, property taxes (what your new ones will be - not what the current ones are - because after 1 year they reset to what you paid on the property), property insurance, and a maintenance reserve (we use $100/door/month on maintenance).
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30 August 2024 | 3 replies
Getting your license is a solid move for sure as it opens up more doors and opportunities.
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31 August 2024 | 11 replies
Besides, since they did the design/drawings, regardless of anything you do or sign, they will ALWAYS be responsible for any problems (real or fake) that comes from anyone using their plans.
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30 August 2024 | 12 replies
You are already ahead of the curve because most rely on number of doors and cash flow as their primary purchasing criteria which leads them straight to the C/D neighborhoods.
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29 August 2024 | 5 replies
If they say "it's to cover marketing" then I would argue they probably aren't professional and just charge it because they can.The leasing fee is charged per door, meaning you will pay it every time they place a tenant in one of your rentals.
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2 September 2024 | 24 replies
Hi Katie, I wasn’t sure where to start in SoCal either but what I’ve done is I bought a SFH with a detached garage in riverside county.
30 August 2024 | 70 replies
And yes you could invest the money for a deal ... but lets be STRAIGHT . with 2k you get the basic education / foot in the door.
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29 August 2024 | 23 replies
I’m especially interested in hearing what the average cost per door per month is for property accounting.
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29 August 2024 | 5 replies
I live in the RTP area and have been here since 2013, I am interested in SFR and Multi (4 or fewer doors).
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30 August 2024 | 17 replies
You'll probably want to get enough doors via LTR first then build your in house team.