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1 February 2025 | 51 replies
If you are able to hold onto the duplex, I would hire a solid property management company and hang on to it.
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6 February 2025 | 12 replies
In this post, I will explain the criteria and the information sources.Income requirements for financial independence:Rents increase faster than inflation: Inflation erodes the value of money over time, causing prices for goods and services to rise.
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6 February 2025 | 13 replies
Owners shop fees in the beginning, but once you're seasoned, you realize fees are usually about the same, and it's really process, procedure, culture, and communication that you're hiring.
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30 January 2025 | 4 replies
I'll send you a message to get more information from you.
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11 January 2025 | 6 replies
Thanks for the information.
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6 February 2025 | 12 replies
Any tips and information is greatly appreciated thank you!
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27 December 2024 | 4 replies
Quote from @Abhijit Roy choudhury: Financial Crime enforcement Network, requires reporting of Beneficial Ownership Information filing by 01/01/2025.Does this apply to us, Rental LLC owners.
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16 January 2025 | 7 replies
Top 3 reasons owners hire PMCs:1) No time to manage correctly2) No time to learn how to manage correcly: laws, documents, processes, etc.3) They're too nice and need someone to "save them from themselves"A good PMC can usually earn their fees by better managing the property/tenant than the owner, thereby:1) Increasing owners net profit2) Decreasing owner's time commitment, stress, headaches, etc.No matter what though, you should always plan to commit a couple of hours a month to manage your PMC.
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6 February 2025 | 5 replies
Some require that you inform tenants if you have an interest bearing account and pass the interest along.
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1 February 2025 | 3 replies
Any information would be greatly appreciated!