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26 September 2024 | 9 replies
Analysis of 136 homes in two DC Metro counties held for 5 years.Genesis of my curiosityAs a Realtor and investor for 10 years I often create my own theories of various market trends based on my own observations, experiences and listening to the anecdotes of others.
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28 September 2024 | 21 replies
I was very happy with the process and the site as it held my hand through the transaction, along with the seller as it was my first note transaction (thanks again JB).
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27 September 2024 | 4 replies
Then, you'll have to register/attend a "New Landlord Class," which is held on the first Thursday of every month.
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2 October 2024 | 71 replies
I sold, BECAUSE (1) I had held 12 + months and so my gain was taxed at max capital gains rates of 15% rather than the 35% I was paying on the rental income (2) the yield on the amount of sale price would’ve less than 7% and (3) I could invest the money at 15% or more.
26 September 2024 | 4 replies
The only exception is if a tenant fails to provide a written forwarding address: landlords then need not return security deposits or provide a notice of damages until fifteen (15) days after receipt of a forwarding address in writing.Option 2 is to just send it to the last known address and for to ask the post office to please forward it to the correct address.If you ultimately cannot mail the payment or they do not cash the check, you will need to eventually send the money to unclaimed property:"Unclaimed property is held by the Treasurer until the rightful owner comes forward to claim it.
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30 September 2024 | 24 replies
Has s/he marketed it on social media, reached out to their network, ran Facebook ads, held an open house. #4 Are you offering a BAC?
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27 September 2024 | 13 replies
@Blake Dials While it's not legally required to set up a separate bank account for a rental property held under your personal name, it is highly recommended for tax and financial organization purposes.
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27 September 2024 | 10 replies
What I've heard others do is to have $X held in escrow until they move out at the end of the 2 months.
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27 September 2024 | 8 replies
Even with a DSCR loan where the property is held in an LLC, the mortgage is still in your personal name.
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25 September 2024 | 3 replies
Hey everybody,I've held an investment property (4-plex) for years and have built up some equity.