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2 January 2025 | 15 replies
That could potentially take away all the extra from increasing $150 for several years.
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28 December 2024 | 3 replies
Once that extra rental started generating income, he realized the higher interest rate was just a temporary hiccup on the way to bigger returns.In your case, maybe look at a structure that keeps your best cash-flow property on a lighter refi (say 50% or 60% LTV) while you go a bit heavier on the one that’s not producing as much right now.
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9 February 2025 | 173 replies
I can definitely enter other markets, it's just gonna take some extra digging and research to find the good ones to work with.
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25 December 2024 | 11 replies
It seems like you’d get at least an extra $100/mo and it would pay for itself.
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30 December 2024 | 14 replies
Lets say you needed $100k in financing at 12% + 2 points and it took you a year to rehab and refinance that is an extra $14k + closing costs.2. you mention roof is 18-20k.
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27 December 2024 | 8 replies
If this is your primary residence and you have an extra bedroom (or can make an extra bedroom), AirBnb can be very lucrative.
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26 December 2024 | 4 replies
The home would be about 6 weeks for my team customarily but the outside is large so 2 extra weeks to be safe.
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3 January 2025 | 26 replies
So most agents are only putting about half of that $12k in their pocket, and out of that $6k they have to cover all of their operating expenses: licensing fees, MLS/ Realtor Association fees, continuing education classes to stay compliant with licensing requirements, monthly "desk" fees/ technology fees to their brokerage, health insurance for themselves and their family, errors and omissions insurance (required), marketing, car, car insurance, gas, clothes, computer/ software, cell phone, closing gifts, signs, photography, staging if they offer that, etc.
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20 December 2024 | 1 reply
I can easily access them from my cell phone, just not my computer.
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27 December 2024 | 2 replies
This extra year gives property owners more time to schedule inspections and make necessary repairs.Key Points:Applies to multifamily properties with three or more units.Covers balconies, decks, and elevated elements made of wood or similar materials.Inspections must be completed by licensed professionals and repeated every six years.Hazards identified must be repaired promptly.With the extension, now’s the time to plan ahead.