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8 January 2025 | 13 replies
., with the rapid rise of STRs, you will find that many insurers offer STR policies.We use Proper but it is very expensive but very comprehensive.
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15 January 2025 | 9 replies
Montgomery county, and now Frederick are becoming too expensive for it to make sense for us right now.My biggest surprise, that's a good questions.
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10 January 2025 | 4 replies
It's a small place so I'd guess it won't rent for enough to cover your expenses anyway so I'd probably sell, especially if the loss is small, it unless it's in a great neighborhood that you think will do well over time.
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2 February 2025 | 7 replies
But they were selling an expensive house in California and had horrible credit.
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12 January 2025 | 54 replies
I know, big expense right.
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31 January 2025 | 170 replies
Or you way over estimated / inflated your expenses (yes).
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23 January 2025 | 7 replies
I don't think enough people consider this aspect.Selling Stock: Selling part of your portfolio could work, but the 15% capital gains tax might make this an expensive choice unless the stock has underperformed or you’re diversifying away from riskier investments.HELOC: Using a HELOC on an existing property is a flexible and relatively low-cost option.
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20 January 2025 | 7 replies
Treat this property as a business and factor in all the associated expenses, including mortgage payments (if you pull a loan), maintenance, and potential vacancy periods.To simplify management and make this less of a hands-on job, I’d strongly recommend working with a property management company.
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21 January 2025 | 10 replies
Cleaning has gotten really expensive.
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15 January 2025 | 5 replies
Off street parking is typically more important for high end/expensive rentals.