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18 December 2024 | 11 replies
Labor/material are going to be different and need to factor that in4) new roof, new HVAC, new water heater, ac panel, replacing plumbing to PVCThese are very variable, if you are getting this from a licensed guy to do it and unlicensed.. is it a big shop or a local shop doing it, is the GC doing it they will put some money on the top so it will be more money5) framing (creating new bedrooms or baths)I would get all these quoted from a good couple of licensed guys and unlicensed to know your numbers to cents
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8 January 2025 | 29 replies
You need a tenant segment with a high percentage of reliable people.
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12 December 2024 | 3 replies
For a traditional Heloc at most small banks/CU's, the rate will be variable and will be WSJ Prime + a spread that represents the borrower's credit risk.
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13 December 2024 | 7 replies
This is public info and usually it will change based on seller being there a long time or something like an elderly tax rate.What are insurance costs like (we've got a lot of local variability around fire insurance for ex.)?
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1 February 2025 | 56 replies
OOS is risky at any level, then when you add the other variables, Sec 8, property managers, it's too rich for my blood.
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16 December 2024 | 0 replies
Further, how do I calculate the business use percentage for a rental RV?
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22 December 2024 | 23 replies
@Brett Jurgens,With strong equity and a good tenant, you have a few options:Cash-Out Refinance: Offers lower, fixed rates for stable monthly payments and lets you keep the property while using equity to invest in another rental.HELOC: Provides flexible access to cash, though with typically higher, variable rates that can fluctuate over time.1031 Exchange: If you're open to selling, a 1031 exchange could defer taxes and allow you to trade up to a higher-value property or diversify into a different market.Each option has pros, so it really depends on whether you want to hold onto the current property or leverage its value for something new.
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14 December 2024 | 5 replies
Many companies only release certain clusters and types of data which can make assumptions riskier and modeling outputs more variable.
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20 December 2024 | 3 replies
But in their case, the lease was long enough and well-structured enough that the income and stability felt almost like a normal acquisition.In your scenario, the airport authority charging a rent based on a percentage of gross revenue isn’t unheard of, and from what I’ve read in The Economist, these ground lease structures can pop up in different forms.
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28 December 2024 | 26 replies
I am waiting for an email from Jerryll's staff with the percentage of people who complete his courses.