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11 January 2025 | 67 replies
They bought it and held it, come hell or high water.
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30 January 2025 | 4 replies
Quote from @Ben Trageser: Highly recommend Maven Cost Seg!
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14 January 2025 | 27 replies
Maintenance and admins fees are high.
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6 February 2025 | 2 replies
When we moved, we turned it into a rental, hoping this would be the start of our real estate journey—something we’d like to continue once my husband retires.Some key details:My husband is active duty and will retire in 3 years.We have one final move coming up this summer to Raleigh, NC.Our current debts are crippling us—the high interest makes it tough to stay afloat every month.The plan me and my husband are thinking bout:Sell the rental property.Use the proceeds to pay off all our debts, set aside emergency funds and a down payment for our next home.Free up $1,500/month from debt payments, and that also can stash in a high-yield savings account.Regain full VA loan entitlement, allowing us to purchase a multifamily home and use the house hacking strategy for up coming move.Avoid capital gains tax, since April marks five years of ownership, and the tenant’s lease ends in May.This wasn’t our original plan, and we hate the idea of using our equity to pay off debt.
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2 February 2025 | 5 replies
To be more specific about what i'm looking to do: My 1-2 year goal is to employ the BRRRR strategy with SFHs and Condos by buying distressed / highly undervalued properties that need work (preferably all-cash) in low crime areas with strong rental demand, renovate them within budget (again preferably all-cash) and get them rent ready before refinancing them at the highest ARV possible.
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6 February 2025 | 10 replies
Benefiting from a high sale price in a desirable area.Cons of Selling: No further long-term appreciation or rental income potential from the property.
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11 January 2025 | 20 replies
If pool in ground is not an option or not in your budget, a quality above ground one could be a good route to go.I would definitely make sure you have an appropriate coverage.
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2 February 2025 | 14 replies
So if conventional primary residence rates are that high, par rates on investment properties are generally higher.
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7 January 2025 | 5 replies
The quality of available tenant varies drastically depending on the neighborhood.
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4 February 2025 | 3 replies
I have to check on codes/laws/regulation, but I know CA is on a high of making thinks convenient to build those at the moment.