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13 November 2024 | 22 replies
It's a bit cumbersome, you have to maintain strict financial separation, and because the loans have to be non-recourse, your LTV is lower.
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13 November 2024 | 8 replies
The heavy cleaning and repair costs after longer stays are definitely pain points but I've seen my clients make it work by screening the tenants more carefully for MTRs, doing bi-monthly checks to catch issues early, and writing clear lease terms about maintaining the property.
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12 November 2024 | 15 replies
But you still have to provide (and maintain) a kitchen, a bathroom, HVAC (well maybe just heat), a water heater.
13 November 2024 | 8 replies
This ensures you’re protected in case of disputes and shows your commitment to maintaining the property thoughtfully and responsibly.I know this was longggg, but hope it helps you or anyone else with this same question.
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14 November 2024 | 25 replies
The home we have now in Lakeland, TN (near Millington) is definitely Class A and there is a large volume of transients that move through the naval base, FEDEX and other like jobs that our neighborhood of 400+ homes hardly ever has ever rental openings, but there are often multiple homes for sale.We think if we can maintain the right type of tenant we will be fine.
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11 November 2024 | 8 replies
You might still maintain your HYSA, but it could require tax filings depending on the country you move to and U.S.
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11 November 2024 | 16 replies
Quote from @Garrett Kroll: Our property management business recently reached 1,000 total reviews across our 18-property portfolio, and we’ve been fortunate enough to maintain a 4.99 average rating across all OTAs.I wanted to share some strategies we focused on that helped us reach this milestone.
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18 November 2024 | 47 replies
I believe that self-managing your property and maintaining detailed records is the only true way to demonstrate your material participation and safeguard your tax savings.
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19 November 2024 | 111 replies
If you fail at that then concealed is a far better option than open carry in my opinion due to maintaining the element of surprise and avoiding all the complications of how the majority of the public views open carry.
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11 November 2024 | 5 replies
I know people who currently have that, it started a generation ago and probably ends next generation, it's hard to maintain this more than a couple generations because the politics, religion and underlying values can't hold across hundreds of extended family members.The same goes for business/way of life.