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2 February 2025 | 9 replies
In that scenario Section 8 tenants are the least risky tenant base.
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7 January 2025 | 1 reply
Exactly 1 year later my first tenant moved his family in where his kids and dog can play in the massive yard while raising 2 cows in the barn.
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11 February 2025 | 7 replies
Industrial is supposed to be a bit harder to enter initially for folks who don't have capital, but the tenant base is responsible for their units (not you).
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5 February 2025 | 16 replies
Market rate is $1100 on the same street for the same style, size, and age of house.The tenant has been there for 25 years and has also worked as a handyman for the landlord on various properties, so the current owner has asked me to keep him there for at least the next year before raising rents.Property taxes from 2023 are just north of $2000.Based on this Deal Calculator it should cashflow month 1.My questions:1.
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11 February 2025 | 3 replies
Hi there, I'm David Kanarfogel, an attorney based on Long Island with extensive experience across commercial real estate and CRE finance.
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11 February 2025 | 3 replies
Just keep in mind that there are further steps you'll want to keep to minimize the possibility that your entity is ignored for this kind of personal liability (say, if you were the person who didn't properly clear snow, or if your finances and the LLC's are comingled).And I agree with @Chris Seveney, insurance may provide adequate protection based on what's available to you.
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24 January 2025 | 2 replies
Hi Derek,Based out of Surrey, BC and thinking of investing in the states as well.
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25 January 2025 | 25 replies
You can probably make decent returns in Akron based on gross income and purchase price.
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8 February 2025 | 17 replies
For example, if the refi lender requires 6 months of seasoning so that the refi is based on LTV rather than LTC, then your HML will likely be 7 months...