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31 October 2024 | 12 replies
Column G - expected cash flow for total number of units at $100 per unit per monthColumn H - down payment need to acquire the new units at 30% downColumn I - adjusts how much down you would need assuming you saved the cash flow from the previous year and applied it to the current year's acquisitions.
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30 October 2024 | 11 replies
If you have a partner / other llc member you can adjust Operating Agreement accordingly to have one person credit qualify.
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4 November 2024 | 34 replies
That's not to say do not enter transactions, just don't adjust your requirements for acceptance.
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1 November 2024 | 48 replies
So the tax benefits are not gone yet.The cash-flow from STRs is usually much greater than LTRs, albeit if you're self managing it can be more intensive.
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26 October 2024 | 25 replies
Its a very CASH intense business and buying without title insurance means its all CASH no loans..
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29 October 2024 | 2 replies
It's an active business, not passive so I believe that requires continually evaluating the property, adjustments to decor, etc may be needed as well to make sure I'm fully optimizing the property.I have a lot of home renovation experience from my own personal home and my LTR's already so I'm very used to this kind of work.
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1 November 2024 | 17 replies
Your plan to increase by $200 gradually seems reasonable, and it gives tenants time to adjust.
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29 October 2024 | 5 replies
If you aim too high with your pricing and the place isn’t renting out, be ready to adjust quickly to fill the spot.
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29 October 2024 | 4 replies
The warrantability will come up more on the back end when it comes to refinancing or selling and the rehab aspect will impact you more immediately as it may cause you to adjust some of the work that you're looking to do on the property.
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28 October 2024 | 7 replies
DIY property management can be stressful and time-intensive, especially if you are managing multiple properties or live far away from your investment.