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24 January 2025 | 5 replies
Go to your favorite search engine (e.g. google.com) and type in "North Carolina 10 day notice" and you will get a ton of responses.
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29 January 2025 | 1 reply
I did send an email to Support but have not received a response and cannot find a number to talk to anyone.
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6 February 2025 | 7 replies
. - It’s recommended to have clear agreements outlining each party’s responsibilities, profit-sharing ratios, and exit strategies. 4.
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30 January 2025 | 1 reply
TLDR version: if you switch to default tax settings, you'll be responsible for remitting ONLY the 1.75% county tax out of the payout.
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4 February 2025 | 24 replies
@Drago Stanimirovic Thank you so much for that response.
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4 February 2025 | 10 replies
What your conveying here Kristi is an expectation that others be responsible for your success.
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6 February 2025 | 1 reply
The property tax savings are going to be in the ball park of 40-60%, but to be safe you should double your expected repairs budget when calculating the NOI.If you have any other questions, or want a more in-depth response, I would love to help!
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7 February 2025 | 21 replies
I personally would sell the house - it's negatively cash flowing ~100/month, if you were to add in repairs/maintenance, CapEx, vacancy, rising insurance/property tax costs I would think you're actually losing more than you estimate (luckily it's new so you are on the very low end of that right now).
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16 January 2025 | 7 replies
If you and another person own a piece of real estate as tenants in common then you both own real estate.
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7 February 2025 | 14 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