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26 August 2024 | 2 replies
These are pros and cons:Pros:- Access to Better Markets:Investing out of state allows you to choose markets with stronger economies, population growth, and higher rental yields.- Diversification:Spreading your investments across different states reduces risk and helps protect your portfolio from local economic downturns.- Affordability:Some out-of-state markets may offer lower property prices, allowing you to get more for your investment.- Higher Cash Flow Potential:Certain markets might provide better rental income, leading to increased cash flow.Cons:- Limited Local Knowledge:Understanding the nuances of a new market is challenging without on-the-ground experience.- Property Management:Managing properties remotely often requires hiring a property manager, adding to your costs.- Increased Travel and Communication:Regular visits and long-distance coordination can increase both time and expense.- Legal and Tax Complications:Navigating different state laws and tax regulations can be complex and confusing.Out-of-state investing can be a great way to grow your real estate portfolio, but weighing the benefits against the potential challenges is essential.
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26 August 2024 | 37 replies
In order to have checkbook control, the IRA account will need to be at a trust company that will allow the IRA to invest in an LLC (where you will be the manager and your IRA will be member - an as manager you will have checkbook access to the LLC bank account).
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26 August 2024 | 4 replies
This will allow you to purchase properties with your HELOC and have the ability to access the equity quickly to pay off the HELOC.
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26 August 2024 | 14 replies
Since the product is still so new, they've been granting beta testers free access to the product's functionality in exchange for feedback and bug reports.
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25 August 2024 | 44 replies
Accessibility features in the bathrooms?
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24 August 2024 | 9 replies
You cannot restrict a medical device unless it requires an unreasonable accommodation.
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24 August 2024 | 1 reply
They are deed restricted on how much they can sell the workforce homes and to whom they can sell them to in the future.
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25 August 2024 | 8 replies
This makes the home more accessible to a wider range of buyers, increasing its marketability and potential sale price.
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23 August 2024 | 4 replies
There is usually an LTV restriction, but not always.
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25 August 2024 | 5 replies
Find out if there is a wall with convenient access to plumbing drains. and if that area could work as a kitchen.