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2 November 2024 | 8 replies
It requires less money for a down payment and you can easily convert it to a rental in a short period of time.
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5 November 2024 | 28 replies
@George Bell my LLC's do two main things:1) Hide my identity, so tenants can't easily find me. 2) Separate my business and personal assets, income & expenses, not so much for tax purposes, but to avoid IRS issues.-- Just audited by IRS this summer for first time ever and had no issues!
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4 November 2024 | 13 replies
If they are professional, they can explain this quickly and easily.
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31 October 2024 | 0 replies
There is no room for easily avoidable mistakes like these.
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31 October 2024 | 0 replies
There’s simply no room for mistakes that can be easily avoided.Did this article help you?
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31 October 2024 | 2 replies
Anyways, the appraiser used two of the properties that were within the comps report (the higher ones) and we managed to overperform our ARV target by $20k.Lesson Learned -> Later we realized that the appraiser also looked at the rental comps, and the average rent used in the income approach was $2,000...we are renting both units for $2,600 and the average rent in general for this kind of duplex in the area is $2,100 - $2,200, so we could've easily hit a higher ARV, crazy right?"
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31 October 2024 | 7 replies
You can easily do this on a spreadsheet, and it will take less time to track than finding and learning new software.
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31 October 2024 | 15 replies
I understand wanting to save money on the monthly fees, but when it comes to maintaining an investment that can very easily be devalued by deferred or poor maintenance it's worth it.
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5 November 2024 | 28 replies
I recommend MTM because you can easily do any of the options you mentioned.
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1 November 2024 | 30 replies
A renovated SFR in Lakewood is easily at or above $300.