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10 January 2025 | 21 replies
So, the common person may ask - well how is me funding the rehab myself any more risky for the lender/why would they want to limit leverage?
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3 February 2025 | 27 replies
They’ll handle tenant screening, maintenance, and rent collection, ensuring things run smoothly while you focus on growing your portfolio.Ultimately, starting local and self-managing is a common path for new investors, but outsourcing property management or investing remotely can work well with the right systems in place.
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27 January 2025 | 21 replies
So a room used for laundry that is 100 sq ft (quite common) costs the owner about $72,000 over the course of a decade (in today's dollars).
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11 January 2025 | 6 replies
Every now and then something will slip thru like that, but it is not common anywhere in the country.#4.
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8 January 2025 | 13 replies
Very common scenario for sure, if it'd be helpful to look at some options feel free to reach out!
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5 January 2025 | 11 replies
I do pretty much like more SD than SA, but as you asked, the money that I have to invest it aint that much, goes between 30-40K to start and will be definitely for long term, as I said, I´m a beginner in this business in the US, as commons says I´m at the baby steps stage right now.
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13 January 2025 | 10 replies
First, I looked at the most common solutions: Quickbooks, Stessa, Digb, RentRedi and finally went with Stessa because it was free.
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24 December 2024 | 5 replies
We embrace S8 applicants, but screen them just like any other applicant.Many have an entitlement mentality and try to leverage their S8 voucher by pretending to be helpless:1) A percentage won't apply because they expect a landlord to waive application fees for them.2) Many cry broke and expect a landlord NOT to charge them a security deposit.3) Many of those same S8 tenants trying to avoid paying a security deposit, won't make an effort to call the list of nonprofits we send them that will pay their security deposit if they apply.4) A lot of them try to avoid paying for utilities.
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15 January 2025 | 27 replies
Hey Justin,Our borrowers have successfully used all of these wholesalers, but these investors all have one thing in common in that they conduct their own due diligence.
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3 February 2025 | 37 replies
You also have to think about outfitting common spaces, how your going to do that, and how your going to do it in a way that keeps the "village" happy and nice with everyone.