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30 May 2023 | 39 replies
This enables us to verify the Year/Year change of DoN against other data sources that cover a different span of years.The formula I used to calculate the Year/Year change:% Change = (New Amount − Prior Amount)/ Prior Amount x 100For example, the DoN rent change for the 2005 to 2019 period would be calculated as follows:% Change = ($1210 - $1124)/$1124 x 100 = 7.7%Regarding your statement that I was questioning the accuracy of the Census Bureau data, let me clarify that I have no doubts about Census Bureau accuracy when it comes to population demographics.
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10 June 2023 | 0 replies
Cardinal Financial was great for getting my loan qualified as a single family house as opposed to duplex which enabled me to only put 3% down.
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2 November 2019 | 20 replies
Income from my passive syndications enabled me to replace most of my W-2 income largely because the tax advantages were so pronounced.
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10 June 2023 | 8 replies
The LLC will not enable you to take advantage of any incremental tax benefits beyond those, but it is likely the right legal structure for a rental investment for purposes of limited liability, asset protection, flexibility, and governance.
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1 March 2021 | 32 replies
If your willing to take on a challenge you can build a promising rental portfolio that can enable you a steady passive income.
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31 July 2020 | 14 replies
They allow you to add a unit much cheaper than an ADU (there is a manufacturer in TN who sells simple, quality THOWs for $25K, or you can pick up used ones for slightly more from private owners desperate to sell to someone with cash), enabling you to make money immediately instead of waiting for construction.
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14 June 2023 | 0 replies
Performing a comprehensive evaluation of the property, its financials, the local market, legal aspects, and environmental factors enables me to assess its suitability for my investment goals and ensure long-term profitability.How do you perform due diligence?
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18 February 2020 | 11 replies
The cash flow and appreciation you could potentially gain can enable you to not entirely rely on Roth IRA withdrawals and social security for retirement income.As long as you do not exceed the income thresholds from the IRS (currently $206,000 for those who are married and file jointly), you can make Roth IRA contributions to help generate tax-free income at any age.
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28 September 2022 | 4 replies
Landlords can choose to enable or disable application and screening which controls whether or not their listing has an “Apply Now” button, or simply a “Request to Apply” option.