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7 January 2025 | 22 replies
That's a typical scenario and could cost you $10,000 - $15,000 so that would be a good starting point for your reserve.But there's more!
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29 January 2025 | 9 replies
@Kenny Bao typically I’ve found my work in connecting in off market deals 100+ units has left me spinning my tires.
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22 January 2025 | 1 reply
., the 2006 or 2009 IECC — International Energy Conservation Code).Cost Considerations for a 90-unit or 112-unit Project:The actual cost of qualifying for the 45L tax credit depends on various factors, including:Energy Efficiency Compliance: The primary cost will come from ensuring that each unit meets the required energy efficiency standards, which typically involve energy modeling, certification from third-party energy raters, and potentially upgrading insulation, HVAC systems, windows, and other components of the building to meet the necessary performance levels.Energy Modeling: Typically, you'll need to pay for an energy consultant or engineer to model the building's energy performance and ensure it qualifies for the credit.
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27 January 2025 | 6 replies
Refinancing: If the lender doesn’t approve, refinancing under the LLC might be required, but LLC loans typically come with stricter terms and higher rates.3.
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30 January 2025 | 4 replies
IE rent to a tenant for >12 mo, dating before marriage, no late payments then with a down paymetn (long story here) I'll sell on either a contract for deed (typically mobile homes on land) or a note and mortgage (regular nicer houses).
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4 February 2025 | 7 replies
There is typically one or more heir that feel he or she deserves more then all the other heirs because the took care of auntie or uncle and hires an attorney to contest the probate.
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3 February 2025 | 34 replies
This new twist of claiming you owe them money is a typical scam tactic to put you on the defensive so you won't contact them about the money they actually owe you.
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2 February 2025 | 1 reply
Hi,I typically rent my 3-bedroom property through a short-term rental platform, but I was recently contacted by an insurance relocation company looking to place a family in temporary housing while work is done on their home.
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7 February 2025 | 12 replies
It is also worth noting that property management is often closer to 30% of gross rent for a short-term rental due to the much more intensive hands-on management compared to a typical 10% for long-term and as such, I agree with recommendations above that medium term rentals may provide the best of both worlds if you are able to tailor proximity to a local need, e.g. hospitals and travel nurses.Again, happy to relay my personal experiences in the area if you're interested.Best of luck,Patrick
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4 February 2025 | 2 replies
"the typical home warranty costs $450 annually, and only 25% of premiums are paid to homeowners.