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7 March 2024 | 12 replies
@michael, I can reach out to them and see if they have any rental history or p and l statements associated with the business.
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7 March 2024 | 3 replies
Obviously, this can impact your overall cash flow. 6) it’s important to find an agent that knows the area well and understands how to work with an investor, as the process is very different than buying a primary residence. these are all things to consider, and there is going to be a learning curve associated with the process.
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8 March 2024 | 13 replies
Felicia Hey Felicia,Now is a great time to get back into the game, and you're fortunate there just so happens to be many opportunities in your back yard, more so in the areas surrounding Charlotte as the city has become so competitive...A solid lender will help you take your business further than you ever could by yourself using just your own cash.While you're able to derive tremendous value from the service they can offer your business, there is a cost associated...In our experience, the better the deal, the lower the cost of entry.
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7 March 2024 | 3 replies
Additionally, the increase in monthly income may not outweigh the potential risks associated with taking on more debt.One potential strategy to consider is to focus on maximizing the income potential of your current properties by increasing rents and potentially leveraging any potential increases in property values.
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7 March 2024 | 15 replies
A friend, relative, or business associate might be this.
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7 March 2024 | 11 replies
I am also writing an addendum to attach to the lease that outlines the company is responsible for all costs associated with the lease (utilities, rent, etc) as well as liable for any costs of damages or lease violation fees.
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6 March 2024 | 5 replies
Hello Neil,I recommend checking for companies that invest in themselves by being members of local realtor boards , local and national associations like NARPM (National Association Residential Property Management).
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7 March 2024 | 5 replies
If the local zoning permits it, you need to check your condo/ HOA association next: most of them don't allow short-term rentals but some do.
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7 March 2024 | 38 replies
But did you also take into account the transactional costs associated with selling?
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6 March 2024 | 9 replies
I graduated high school in 2019 and went on to college and gained two associates in business administrations, and general studies.