2 July 2024 | 2 replies
Never want to do that method again.
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1 July 2024 | 5 replies
I sent communication but it has not been responded to.Can anyone provide advice:What are my legal rights?
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1 July 2024 | 8 replies
Or the host may not know about the problem if the host happens to be living far away or hasn't been inside the property for some time.I recommend the following:A) Communicate with the host of the property AS SOON AS POSSIBLE.
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2 July 2024 | 10 replies
I also require:Rent + Monthly Debt <= 45% of GROSS monthly incomeExample: So, someone making $6,000 per month ($72,000 per year) meets the initial income requirement BUT if they have a $750 car loan, $250 child support payment, and $250 credit card payment $1250 total then $1680 (rent) + $1250 (monthly debt) <= 45% x $6000 (monthly income)$2930 <=$2700 (DENIED)I like @Kevin Sobilo method.
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1 July 2024 | 12 replies
Any suggestions on which method is a better way to furnish a rental property?
1 July 2024 | 1 reply
If you are planning to spend time in any of the units during the first year the best thing to do would be to communicate to the lender that the building will be occupied as both a primary and secondary property by the owners.
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1 July 2024 | 4 replies
I've decided to explore mid-term renting through Airbnb, but I'm unsure of the best methods to get started.
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1 July 2024 | 10 replies
**Time and Effort**: The buy and hold strategy is less time-intensive, allowing me to focus on managing and optimizing rental income rather than undertaking extensive renovations and refinancing processes.That being said, I am interested in trying the BRRRR method in the future.At the time of purchase, I lacked the skills and knowledge necessary to attempt the BRRRR method without exposing myself to risks I was not prepared for.Hope that answered your questions.
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2 July 2024 | 10 replies
His book provides the knowledge you've likely already obtained, but also includes a state by state break down of if they are Lien/Deed/Hybrid states, applicable interest rates, bid method, information on redemption periods and references the states' statutes so you have a reference to keep yourself out of hot water.
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5 July 2024 | 73 replies
What seems to unique to the area (at least on a large scale) is electrical theft.You should also know about "Electrical Theft" in the Big D.Renters get electric shut off and pay someone to make an illegal hookup.Using fish hooks or other unsafe methods, WXYZ Reports: https://www.youtube.com/watch?