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25 April 2024 | 15 replies
" * In addition to drying up investment in rental property, one of the worst effects of Rent Control is that it discourages property owners from maintaining and upgrading their property.
25 April 2024 | 60 replies
In many locations, the important aspects are method of notice and the time between the notice and the rate going into effect.As others have said, I would double check the above, but then send two copies of the notice - one first class and one certified.
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26 April 2024 | 21 replies
@Roy Gottesdiener House hacking is a beginner method.
24 April 2024 | 2 replies
If you are raising the rent I'd make sure its cut and dry and is at the end of their lease term, I wouldn't trust that notarization tid bit you got from someone else, if the lease is signed and executed its likely valid through the full term.
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25 April 2024 | 7 replies
Or what methods have you implemented to keep track of information and staying organized?
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25 April 2024 | 9 replies
The most reliable method to discover local regulations is by visiting county websites and calling their offices for confirmation.
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25 April 2024 | 6 replies
The only way you could get to 3 quality STRs with that $80,000 is if you use the BRRRR method and execute it absolutely perfectly. and get all of your capital back + some extra to cover furnishing on every deal.
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26 April 2024 | 44 replies
You need to have criteria designed to protect your money, and a reliable method of determining value.In my opinion, appraisals are not necessarily a reliable method of determining value, so staying within your own market area to start with can also protect your capital because it's easier to know value next door than across the country.
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25 April 2024 | 11 replies
@Alison CromwellIn order to obtain a flip loan with no consistent income history, the following steps need to be undertaken: create an impressive credit score, put aside more funds as a down payment, check out new methods of getting funding besides what is available from banks or other financial institutions, involve yourself in investments with toughened entrepreneurs, show how financially sound you are by doing things such as getting enough money into savings over time through frugal living habits or accumulating valuable assets that can be readily converted into cash when required among others like developing several stable sources of income or steadily growing one.
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26 April 2024 | 40 replies
House hacking may not be for you, but every method involves risk, expense and discomfort.