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21 February 2025 | 0 replies
Some states make it relatively easy to track down off-market deals, while others require a lot more creativity and persistence.
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12 February 2025 | 8 replies
You can hear real-world examples of how others have built their investment portfolio and (hopefully) learn to avoid their mistakes.4.
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21 February 2025 | 0 replies
Eligibility for the ATI exemption depends on several factors, including:The nature of the transfer: Sales, inheritances, and certain other transfers trigger reassessments that may qualify for the exemption.Timely application: Property owners must apply for the exemption within the required timeframe.
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20 January 2025 | 2 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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11 February 2025 | 3 replies
As you mentioned, the IRS requires distributions (RMDs) so they can get their money in a timely manner.
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21 February 2025 | 6 replies
I'd love to have long term rentals in Barcelona/Valencia but unless I'm getting a crazy good deal, this approach will require a lot of capital for the downpayment requirements of 30% for financing.
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21 January 2025 | 11 replies
I don't foresee Texas implementing a similar law, but I'd be interested to know how this change has affected others.Side note: It's not the Section 8 tenants that I'm avoiding, it's the government bureaucracy that comes with it.I believe the majority of the US population lives in states with the same law.How do we navigate it in those states?
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24 February 2025 | 17 replies
Financing is also easier since lenders prefer predictable rental income over the fluctuations of STRs or MTRs.Short-Term Rentals (STRs) and Mid-Term Rentals (MTRs) can be lucrative but require more hands-on management.
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13 February 2025 | 123 replies
His information is faulty, his approach is to "overleverage", "zero down" and in my opinion the information he leaves out is either lack of experience on his part or intentional deception, neither of which I am willing to be associated with.He leaves out very important information, like what my buddy recently posted at Using Subject To, to Get "Free" Properties - A Quick Guidelinehttps://www.biggerpockets.com/forums/311/topics/1188416-usin...We teach even the downside of Subject To and how to avoid the pitfalls.
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11 February 2025 | 7 replies
However, The requirement for single adu seems seldom enforced on duplex if it stays below 5 units.