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19 January 2025 | 55 replies
I am sure Appfolio has similar features, but the pricing structure is dependent on your needs and door count.
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18 February 2025 | 4 replies
Quote from @Fernando Martin-Gullans: Hey y’all, I’m a retail investor with 2 SFH rentals worth a combined ~$650k looking to utilize some of my stored equity to buy more out-of-state properties, but I’m not quite sure how best to proceed given that my interest rates are incredibly low (leaning me away from refinancing) and neither property is owner-occupied (which I believe prevents me from using a HELOC).
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10 February 2025 | 2 replies
If you're lucky enough to get a free and clear property where the seller is willing to finance, this reduces much of the risk associated with seller-finance.I would make sure the title is then moved over to your name, especially since there is not a risk of a due-on-sale clause being triggered.
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17 February 2025 | 30 replies
I'm not sure who is buying that paper at 85% but I hear its out there somewhere.
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17 February 2025 | 1 reply
I have the lead paint and Seller disclosure forms and am familiar with an Ohio contract but not sure if there are any specifics required in the state of MI.
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16 January 2025 | 23 replies
We have talked about things such as rent by the room and acknowledge that the operating model will likely be very different while living in the property vs. when we move out.I think the point you made about assumable loans is very helpful to get into a property you might not otherwise be able to afford.
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13 January 2025 | 17 replies
Quote from @Sherry McQuage: Make sure to check the zoning to make sure mobile homes are permitted there; check for any hazardous waste designation for the area; will you need to have the parcels surveyed out in order to sell the size you intend?
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12 February 2025 | 17 replies
But my gut might be saying no, the following are my thoughts and I'd love feedback:*Not sure a bump from 7 to 9 guests would meaningfully increase nightly rates.
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8 February 2025 | 12 replies
Buying a second home to rent out is a solid strategy, but be sure you understand the cash flow, including mortgage, taxes, and potential vacancies.
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12 February 2025 | 5 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, but especially if they violate the terms of your agreement.3.