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22 January 2025 | 4 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
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20 January 2025 | 4 replies
This is obviously much better than $1,400 per month.On top of that, you will now get 2x the depreciation write-off so your taxes should go down.On top of that, you will now get 2x the appreciation when real estate price go up.On top of that, your tenants are helping you pay down the loan, initially at about $100/mo for both properties, which gradually gets better and better.On top of that, you now have more units so if one or two goes vacant, you have more renters covering the losses of the vacant units.If you want to keep these properties, I would do a cash-out refi and go buy more rental real estate.
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6 February 2025 | 3 replies
In the really dry months, it can be helpful to water the perimeter of the foundation so the dirt doesn't crack below it.
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21 January 2025 | 1 reply
I could take look at it for you, and help you understand it if it's a standard lease, no need to pay me, although I am not a lawyer.
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5 February 2025 | 2 replies
It is hard to pin down specifically, but that seems to have been a factor in a few of the ARV-Appraisals that I've seen and has impacted the refinancing process.Otherwise, it has been a great market for my clients, great cash flows and repeatability which has really helped as they have scaled.
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23 January 2025 | 23 replies
I highly recommend a well-qualified REALTOR who works with investors and knows how to help you best.7.
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13 February 2025 | 7 replies
Maybe more?
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14 February 2025 | 0 replies
These cost-effective renovations made the home more attractive to buyers and increased its market value.
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12 February 2025 | 2 replies
I’ve been in real estate and mortgage for over 30 years, and if there’s one thing I know for sure—it’s that there’s always more to learn.
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10 February 2025 | 1 reply
I would learn a little bit more about contract law in your state.