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23 January 2025 | 5 replies
These straightforward requirements make the process accessible and convenient for buyers.The initial setup costs typically range between $500 and $1,200 USD, while annual maintenance fees are generally between $500 and $700 USD.
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12 January 2025 | 20 replies
@Matthew Drouin had a great reply:"Typically 50% of revenue is going to go right to operating expenses on small multi family.
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27 January 2025 | 35 replies
However, required downpayments were typically 40-50%, and would be difficult without a residency visa.
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17 January 2025 | 3 replies
While short-term rentals in areas like Kissimmee, Florida, can pay for themselves and offer lifestyle benefits, the ROI typically doesn’t match what I see from my traditional portfolio of long-term rentals in North Texas.That said, short-term rentals can still be a great choice, especially if you're drawn to the area and the opportunity to combine personal use with investment income.
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20 January 2025 | 31 replies
You're better off opting for an interest-only mortgage, saving on payments, and then refinancing it into something more conventional when interest rates drop—or, if possible, making a plan to pay down the principal.Interest-only loans, which typically last for the first 5 to 10 years of the loan term, offer two key benefits.
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12 February 2025 | 23 replies
I think the heating cost that the OP mentioned is reasonable and typical.
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12 February 2025 | 12 replies
The latter part of my post was referring to the protection of the account, not the assets through funding but the cash left on-hand.I think because banks are or were typically used for ck, savings, etc, I never looked to them as offering IRA/SDIRA.When I opened my account (2018) it was with specifics in mind and now I am reevaluating.
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16 January 2025 | 0 replies
While I don’t typically work with real estate agents to find deals, I do collaborate with other professionals throughout the process.
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11 February 2025 | 20 replies
Thank you Nick - unfortunately it is the name of the game in this space that there will be people with bad experiences, typically when the appraised value doesn't come in as what they expect and they lash out at the lender accordingly (anyone in this space obviously understands this occurrence).
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11 February 2025 | 20 replies
Typically lenders can lend up to 50% of what your gross income is.