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22 February 2025 | 5 replies
l'd look into local credit unions, they often have lower rates and better terms than big banks.
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23 February 2025 | 23 replies
Its interesting which countries have low birth rates and which countries do not.
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19 February 2025 | 2 replies
While evictions are part of the business, that rate is far beyond normal.
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28 February 2025 | 0 replies
Have a close watch on weeds, and keep local farmers motivated to maintain land fertility and accelerate plant growth rate
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23 February 2025 | 7 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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12 February 2025 | 6 replies
This would imply AA has an effective tax rate of ~3.5% for an investment property
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18 February 2025 | 13 replies
If you're strictly buying turnkey properties and financing with DSCR loans, keep in mind that you'll typically need to put down 20% or more, and because of the higher LTV, you’ll often get the highest interest rate available for your credit bracket.
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14 February 2025 | 11 replies
This means the rental rates are average nothing to write home about, but the increase you'll get in appreciation is amazing, but not liquid until you sell.
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15 February 2025 | 2 replies
This is tough to do with today's high prices and mortgage rates, which is why so many investors have slowed down or stopped investing until the market turns favorable again.Below is an example of a single-family home in Allentown.
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15 February 2025 | 11 replies
The short version is that you want a strong and diverse job market, low unemployment rates, a growing population, low vacancy rates and new development, affordability/cost of living, real estate laws and court system, good schools, and low crime.Check out the videos from Dave Meyers with BiggerPockets.