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15 January 2025 | 144 replies
I’ve been with Tardus for 6 months and upgrading to VIP status.
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16 December 2024 | 8 replies
There is much to learn: pricing, marketing, screening, contract law, lease enforcement, late/unpaid rent, property abandonment, squatters, maintenance, tenant neglect or abuse, communication, and 417 other things.Buying a decent property but not managing it well can impact your finances, marriage, sanity, physical health, and desire to invest.
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18 December 2024 | 29 replies
Cashflow may not be immediate but if you run your #s, you'll be able to see how long it'll take to cashflow and what kind of equity you can expect to build within your first few years of house-hacking.I began househacking in 2010 while working an NYC job (Health + Hospitals Corp., formerly HHC) earning a base salary and overtime pay that are nearly identical to what you posted here.
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11 December 2024 | 0 replies
This is especially important when owning rental properties or managing flips because it minimizes your personal liability.However, many people stop at forming an LLC without considering the potential tax benefits of electing S-Corp status.
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15 December 2024 | 38 replies
I am interested in MTR for my properties in Akron, OH as one is walking distance to Summa Health Systems Hospital there and the other is a 15 minute drive.
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27 December 2024 | 66 replies
I think that trend will be nationwide, but I expect the rest of coastal florida(outside of primo Miami) to get a harsh correction. some cities (miami,san diego) created their own market that's hard to compare to other market because of the immigration pattern and status.
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17 December 2024 | 22 replies
We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.
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17 December 2024 | 29 replies
I'm looking for tenants that are professional, stable and can act like a thoughtful, organized person regardless of their economic status.
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11 December 2024 | 1 reply
Check on ownership status before you get into escrow.Get multiple inspections to be able to really determine the extent of repairs.Try to align yourself with the best contractors, had good referrals, but somehow nobody stood behind their warranties.Have a good lawyer and local accounting firm.Talk to locals to see how things are done and what's happening around you.Have patience!
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11 December 2024 | 6 replies
Depending on if you qualify for the special allowance for active RE, you may be able to take up to $25k in losses (unless you are full time in real estate and may be able to use real estate professional status).