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7 July 2024 | 11 replies
This is not for doxing him or slandering him.I rented a house from DJ, he was the middle man so I already know from several court documents he can't be found to be perso ally liable since he isn't on the lease or sale documents yet acted as the property management company and was my point of contact.He managed to convince me his company was very good to rent from we've only owned houses so I had to learn a lot of lessons in the 2 month time frame I stayed in thst cindemnable house.
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8 July 2024 | 27 replies
I highly suspect that the reason that high liability limits are relatively inexpensive is because insurance companies have many exclusions to help them avoid paying in the high liability situations.
9 July 2024 | 22 replies
You are likely going to have to spend more time helping your mom and better to enjoy the quality time you have left with your dad.Go through each property and write out what it brings in, expenses, etc and rank them as to the one you want to get rid of first.
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8 July 2024 | 13 replies
But yes, you're right, the difference between the inexpensive freelancers and larger SEO companies is quite minimal, at least in the beginning.
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7 July 2024 | 28 replies
To add units is very easy and inexpensive.
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5 July 2024 | 4 replies
In general, it is always good to look at the taxable value every year for your property while you still own it when the tax statement comes.If you feel you can support a lower taxable value with sold comparables that are like your property nearby, then it is worth your time to try to dispute the value.It is true there is a very short timeframe to schedule a time to go in and dispute the taxable value with your local property tax assessor usually and the deadline is printed on the annual tax statement.The reality is real estate does not always go up in value.To your success!
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5 July 2024 | 2 replies
If you see a $220k listing for a duplex where each rent is $1000/month you see immediately that this deal is CLOSE TO 1% and that with negotiation or other improvements in rent or savings in expenses could meet or exceed that.
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5 July 2024 | 19 replies
@Lucas Schlund If this is your first investment, how confident are you in your budget, time frame, contingency allocations?
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4 July 2024 | 0 replies
Subdividing the lot would add an additional $20k in expense as I would need to tap city water/sewer to the new duplex (previously the detached garage apartment).
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4 July 2024 | 18 replies
Because of the weather those STR often do 6 month ‘winter rentals’ and I have not heard many complain about not finding a renter for that timeframe.