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10 October 2024 | 11 replies
If this is your first investment altogether, I'd opt for a more traditional, simpler purchase.
10 October 2024 | 0 replies
Therefore, you must take on all the property management tasks yourself.But rental property owners who are landlords know the job can be exceedingly time-consuming.
10 October 2024 | 0 replies
It might be time-consuming, but the direct approach can yield surprising results, especially if homeowners are considering selling but haven’t taken the first step yet.Phone prospectingPhone prospecting is another proactive approach that requires resilience.
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8 October 2024 | 0 replies
Buy: As housing affordability worsens in many markets, more people opt to rent for longer periods, which creates an opportunity for mid-term rental investments.Target Demographic: Affordable housing shortages often push middle-income earners toward rentals, making this group a prime target for mid-term strategies.
11 October 2024 | 27 replies
I cant tell you how many times I've had to explain to investors that there is no magic DSCR wand that eliminates the personal credit risk/impact or allows them to borrow 100% of the purchase price or whatever. 99% of DSCRs require a PG which WILL impact DTI on any future loans, whether SBA, mortgage, consumer, etc.
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8 October 2024 | 0 replies
In recent years, the world has witnessed a regulatory awakening in data privacy enforcement, a development driven by increasing consumer demands for transparency and the global proliferation of privacy laws.
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9 October 2024 | 9 replies
When you’re sharing the space with others in a 6/3, you have like $5000/mo of income because you’re consuming a $1000/mo space.
8 October 2024 | 5 replies
The legal method is to file for an eviction and slog through the time-consuming court process.
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6 October 2024 | 3 replies
@Vicki RolufsNever heard of him but I always recommend to check with nmls consumer access and check if they are licensed.
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6 October 2024 | 1 reply
Depending on the property’s condition and tenant retention, you could opt for a buy-and-hold or re-sign and flip strategy.