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11 October 2024 | 8 replies
Over the years, I’ve also gained relationships with a few subcontractors that help me with jobs from time to time when I need a helping hand.
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12 October 2024 | 9 replies
I'd politely tell her that if she isn't happy there (which seems to be the case) you will give her the one time option of breaking her lease without penalty if she moves out within 30 days (eg Nov 15) and that she has until Oct 15 to decide if she will be staying or not.I agree with Kevin about phoning and then follow up with a brief summary of what you talked about via text.A lot of people here own a few places (not dozens) and most of us also have full time day jobs, so balance the two.
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12 October 2024 | 2 replies
Ended up having to find new folks to finish the job, which was a lesson in vetting and trusting your gut.
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13 October 2024 | 34 replies
Low property taxes, landlord friendly, weather is reasonable, close to Lake Tahoe and lots of enjoyable areas in CA, strong appreciation, strong rents, population growth, diversified job growth, limited land allows for significant appreciation outlook over time.
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14 October 2024 | 4 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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12 October 2024 | 2 replies
Their job is in city X.
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15 October 2024 | 12 replies
Any advice or personal experience that you can share would be greatly appreciated.CoreyJason did an awesome job summarizing things for you!
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11 October 2024 | 12 replies
Ability to work remotely so they could keep their jobs and live anywhere.
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13 October 2024 | 16 replies
I predict it is a part time to full time job on the phone and searching Zillow etc to get an occasional deal maybe at best once every month to as far apart as just a handful a year.
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11 October 2024 | 13 replies
Many investors also use buyer’s agents who specialize in remote purchases to ensure you're getting unbiased feedback.Regarding North Austin, it's a strong market for rentals with growing tech and job opportunities.