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29 February 2024 | 4 replies
Observation: if you have a corp, your State of incorporation will likely charge an annual minimum fee.
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29 February 2024 | 35 replies
.), and annual property registration that must be completed to not incur a fee.
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29 February 2024 | 9 replies
Filing annual franchise report in Texas is now only necessary with $5 million in revenue or assets.
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1 March 2024 | 40 replies
No penalties and no UFTI.Settling for earning 16% annual cash ROI is leaving money on the table.It’s fairly easy to lock in guaranteed rates of 20%+ using leverage by leasing commercial property( includingSTVRs) back to a business property management company.
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1 March 2024 | 26 replies
If the bank pays your property taxes on your behalf (ie they are added onto the mortgage payments), then yes the amount may change annually if your property taxes go up.go to the bank by yourself and take notes and ask questions.
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29 February 2024 | 22 replies
I invest heavily in Detroit and evictions are 3-4 months on average (was faster pre-COVID).Property taxes are high on a percentage basis but increases are capped at the rate of inflation with a max annual increase of 5%.
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28 February 2024 | 12 replies
Before rates went up, if you could beat the "1% rule" (i.e. annual rental income was equal or greater to 1% of the total price (purchase and rehab) of the property) it would usually cash flow.
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27 February 2024 | 21 replies
The owner generally has a few documents (change of owner and payee) to complete and then an annual inspection.
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28 February 2024 | 14 replies
Demand for short-term rentals is based on emotions, the allure of this view or that amenity or this undefined "feel" or "design" of a place.I'd love a pamphlet that says simply, "Hot tubs increase gross annual revenue by $22,000."
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27 February 2024 | 11 replies
IRR gives you a percentage that represents the annual return, which can be handy for comparing investments.