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9 September 2024 | 9 replies
It's pretty common to get half a month's rent, which is then split between you and your brokerage.My best advice is to focus completely on finding a company or mentor who is at the top of their game and NOT AT ALL ON THE MONEY.
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9 September 2024 | 0 replies
Additionally, it can help maximize renovations and improvements.A Cost Segregation study is an IRS approved federal income tax tool that increases near term cash flow by utilizing shorter recovery periods for depreciation to accelerate return on investment.
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8 September 2024 | 4 replies
I would also keep the current property you have an maybe look into how you can utilize your equity (HELOC-make sure you connect with a lender about what this will look like for you) to buy additional properties.
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6 September 2024 | 19 replies
All your issues are pretty common.
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10 September 2024 | 8 replies
In my leases tenants are responsible to pay for their own utilities and change air filters.
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9 September 2024 | 9 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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8 September 2024 | 15 replies
I am launching my first STR and I was wandering what are the most common site for bookings besides Air b n b and what are their pros and cons.
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9 September 2024 | 28 replies
After expenses and utilities you net $1,000 profit but it cost you $15,000 to furnish the house and you only have a 1 or 2 year lease.
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10 September 2024 | 14 replies
However Property tax's some of the lowest in the coutnry and property maintenance same thing if you buy a stucco home with a tile roof.No real major weather threats like many markets IE hail storms wind storms etc.. can get windy but thats common..
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6 September 2024 | 8 replies
I would recommend doing your research and finding a company that has great reviews or try and get a recommendations from owners who utilize PM companies in the Colorado Springs area.