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31 May 2024 | 9 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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30 May 2024 | 13 replies
A lot of business travel, younger people in town for concerts, sports, etc.
30 May 2024 | 2 replies
I wanted to get thoughts on if anyone has had experience performing a refinance prior to renting a property while utilizing BRRRR?
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31 May 2024 | 7 replies
It is not the possession of "proof" that is supposed to make me believe you are credible.Credibility is the (desired) RESULT of completing tasks, or how you act.Let me make it even more clear.NOT because you perform task A, B, and C, you are now magically credible.
30 May 2024 | 10 replies
Your husband does not qualify for REPS anyway, but you do not need REPS to benefit from the so-called STR loophole.More importantly, STRs typically create large tax losses in the first year only.Most importantly, taxes are never a good reason to choose a poorly performing investment, IMHO.Read this post: https://www.biggerpockets.com/forums/51/topics/1122635-the-s...
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30 May 2024 | 3 replies
As I thought, get the purchase agreement that includes a special stipulation saying we'll pay the unpaid taxes.submit to title company and perform searchfund escrow accounttitle co will distribute funds at closing.shooting for a two week turn around or less.
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30 May 2024 | 2 replies
I have a duplex with MTR and LTR and it performs at almost 50% COCROI.
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30 May 2024 | 2 replies
If they were negligent in the performance of their duties, then they owe damages caused as a result.
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31 May 2024 | 11 replies
After 12 months expire I would have them sign "my lease" (which would be very similar terms as original + additional nuggets of terms I've picked up over time, like inspections - current manager performs no periodic inspections).