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4 January 2025 | 11 replies
If they do, then you can likely find another tenant for that amount fairly easily, as I would assume the entire town's taxes are up- so if someone really wanted to be in town, that price is the new normal.If your taxes increased that substantially in a C neighborhood, your tenants would way more likely give push back for that type of increase- even though you're not being greedy, you're just imposing the same raise you were given.Often the buyer who had the "well, the numbers are better" mentality is only looking at year 1.
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7 January 2025 | 5 replies
Best bet would be a “partnership” with a monied individual looking for a high risk/high return passive investment with you providing the “active” part.
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7 January 2025 | 16 replies
When we built up the triplex, we set it up so that each of the 11 rooms can be rented out individually (all BR, except 2, have their own bathroom behind an electronically locked door).
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14 January 2025 | 11 replies
Building connections with like minded individuals to help each other achieve their goals is priceless.
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31 December 2024 | 11 replies
Quote from @John Morgan: I’d do individual cash out refis on them to scale up.
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3 February 2025 | 26 replies
If a cash out refinance, many lenders will allow the cash out to satisfy the reserves requirement.DSCR lenders generally let you vest either individually or as an LLC.
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16 January 2025 | 6 replies
Don’t sell to an individual asking.
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5 January 2025 | 11 replies
California prices are really unaffordable at the same time the state has consistently had outmigration of native residents for something like a decade and even negative population growth recently whereas Texas has grown substantially.
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4 January 2025 | 14 replies
I desire to connect with individuals who have had experience investing in real estate while serving in the military on active duty.
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20 January 2025 | 22 replies
Hello @Tove Fox,You are not investing in a state, you will invest in an individual city.