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22 January 2025 | 12 replies
Namely, that if a tenant (in this case accompanied by a whole family) ends up stop paying rent and I would be on the hook for both covering the mortgage and dealing with open ended legal costs and time.
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21 January 2025 | 3 replies
Service disruptions can understandably lead to frustration.From my perspective in the self-directed IRA industry, effective communication and responsiveness during transitions are crucial to maintaining client trust.
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13 January 2025 | 4 replies
The Retainer Fee is credited towards whatever they buy from us in the 90 days, so in effect, costs them nothing.Note: we're not doing this to make money, but to avoid the time-wasters.
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18 January 2025 | 7 replies
Moreover, the economic ripple effect will likely increase the need for commercial properties, including retail spaces, offices, and support services for the new facility and its employees.Strategic Investment OpportunitiesFor real estate investors, the strategic implication is clear: now is the opportune time to invest in Columbus.
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6 February 2025 | 13 replies
@Preet Oberoi Purchasing a short-term rental (STR) or tiny home to offset W-2 income with depreciation can be effective if structured correctly.
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21 January 2025 | 5 replies
I don't believe "waiting it out" is an effective strategy.
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11 January 2025 | 7 replies
You could also get a line of credit for about $150k (you should be able to borrow 75% of the value.)The reason I suggest this is…1) you save $40-$60k in selling costs. 2) you have a lower blended interest rate (2/3rds at 3.25% and 1/3rd at 7 or 8% instead of the whole $500k at 7 or 8%) saving you another $1k/mo in interest. 3) you only pay interest on that $150k when you actually use it, not from day 1 Unless you hate this property, or want to buy something you can’t afford without selling, that would be my plan.
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8 January 2025 | 5 replies
We get just as frustrated because the system is a bit "broken":(I believe the team is in communication with you about your options - just be sure to also let us know your choice to secure the property to deter squatters as cost-effectively as possible.
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3 January 2025 | 10 replies
Are there other, more cost-effective alternatives to gain similar support and knowledge?
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17 January 2025 | 19 replies
The free marketing is not effective in a competitive market neither is the marketing strategy.