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16 December 2024 | 12 replies
The ideal home price for you will depend on: 1) downpayment size 2) risk appetite, 3) preference for more cash flow or appreciation.Given our price points, our investors need to have 35-45K to start, on average.The typical cash-on-cash return on our properties net of loan payments, insurance, taxes, and property management fees is 6-8%.Ultimately, you can obtain financing from any lender, although we have partner lenders that can provide very competitive rates.
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19 December 2024 | 8 replies
Building an environment where people can safely age in place and obtain needed care makes for difficult family decisions.
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18 December 2024 | 23 replies
@Ryan Williams My primary is paid off which has allowed me the freedom with my low paying job to be able to obtain mortgages to purchase 5 rental properties.
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11 December 2024 | 14 replies
You are currently sitting in Los Angeles's entertainment mecca and Mid Term rentals/30+ day rentals are a great alternative to the STR limitation.
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12 December 2024 | 2 replies
And, you need to cure your liability (you cannot use a city easement without obtaining a Grant of Easement from the city - a legal document to be filed with the Clerk of Court).You've done everything you can to mitigate the damage to your home and I applaud you for it.
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19 January 2025 | 269 replies
Yes, Multi-family is definitely the most efficient way to obtain these numbers, specially taxes-wise.Rui: I believe is all about positioning yourself with the best people for each market.
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15 December 2024 | 10 replies
The EPA is hoping owners will investigate and identify the pipes on their own, report it to their utility provider for tracking, and then the EPA can obtain funding for replacement.
8 December 2024 | 2 replies
Additionally, I’m considering converting a garage into a bedroom.If I want to list these properties on Airbnb, I understand I’ll need to obtain the following:• BTR (Business Tax Receipt)• CU (Certificate of Use)For these, I’ll need to undergo a city inspection.
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13 December 2024 | 11 replies
HI Vince, as long as you are vacating your current primary home and moving into a new primary that is acceptable, but just make sure you obtain a 12 month lease in order to use the rental income to offset your mortgage payment and not getting hit twice for your current mortgage and new mortgage.
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11 December 2024 | 13 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.