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18 February 2025 | 2 replies
Purchase price: $237,000 Cash invested: $11,850 Converted my primary residence to a Cash-Flowing Rental Property to a Section 8 Long-Term Tenant in a Class B neighborhood.Purchase in Sept 2019 Purchase price: $237,000Cash invested: $8,900Converted the Game room and Office room to a standard bedroom to make it a 6-bedroom 3.5 bath which increased the monthly rent from $2,400 to $3,215.
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17 February 2025 | 6 replies
@Stephen Schroeder it would be fantastic for PMCs to be able to charge owners as you describe, as owners might then truly appreciate everything their PMC does for them.Unfortunately, no one has yet devised how to practically do this.So, PMCs' absorb most office & admin expenses and are compensated for them via the monthly fees they charge their clients.
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13 February 2025 | 1 reply
Generally - the depreciation on the structure, mortgage interest, property taxes, repairs & maintenance, insurance, property manager, utilities, vehicle expenses (mileage), professional fees (reports/CPA), home office (office supplies, percentage of utilities, continuing education).
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17 February 2025 | 32 replies
Listings were published in a book and realtors kept all the keys in their office there were no lock box's you had to go to the listing brokers office and check out the keys.
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14 February 2025 | 7 replies
As a loan officer at Aslan, I'm excited to connect and offer insights into financing options for real estate investors.
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8 February 2025 | 10 replies
So my loan officer may direct me to not disclose those properties while applying for the refinance.
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12 February 2025 | 0 replies
The company also disclosed Dell Family Office Management, the family office of Dell Technologies Inc. founder and CEO Michael Dell, as a new investor."
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11 February 2025 | 4 replies
The loan officer had forgotten to lock the rate.
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12 February 2025 | 1 reply
If you turn any two "bonus rooms" (rec room, office, formal dining room) into two more bedrooms, then you're at $5,950+ per month—a 138% increase in rental income.Now, imagine scaling this across multiple properties while keeping lower upfront costs compared to multifamily properties.
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12 February 2025 | 3 replies
It has two bathrooms, full kitchen, and open area and seven rooms that could be used as offices or I guess it could be a boarding house too lol.