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19 November 2024 | 6 replies
The key is marketing on a wide distribution of channels to get a billboard effect and attract those mid term renters.
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19 November 2024 | 111 replies
Everyone has the right to protect themselves and a gun may be the most effective method, particularly for smaller, weaker people.
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17 November 2024 | 1 reply
This is particularly effective when paired with bonus depreciation provisions.This method not only helps reduce your tax liability but also enhances cash flow, making it a powerful tool for real estate investors looking to grow their portfolios.3.
19 November 2024 | 10 replies
I have responded to then usually with something to the effect of “please complete the prequalification application and then we can schedule a viewing.”
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16 November 2024 | 6 replies
I tend to write off physical expenses to the building and do not write off expenses associated with personal effects.
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20 November 2024 | 14 replies
Pair these steps with robust tax planning to manage profits and losses effectively while aligning your portfolio with long-term goals.This post does not create a CPA-Client relationship.
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19 November 2024 | 11 replies
One other positive side effect of having leverage on the property is that it is less of a target for a potential lawsuit.At the end of the day it really comes down to your objectives and goals as well as your personal preferences and comfort level.
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16 November 2024 | 4 replies
It’s proven very effective and just makes good common sense.
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19 November 2024 | 3 replies
.- You could also try selling to another naive investor, but you don't have the infrastructure to do so easily. 2) You'll need to evict the tenant if you haven't already.3) Have 2-3 agents tour the property and take videos of their recommendations of repairs.4) Review all of these to create consensus Scope Of Work (SOW). 5) Get 2-4 bids on the SOW6) Review bids to determine cost effectiveness of what to actually do.
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16 November 2024 | 3 replies
Emergency Maintenance: Regular maintenance is on the owner, emergency repairs might be charged to tenants if they caused the problem.By proactively managing these expenses and clearly communicating responsibilities to tenants, property owners can maintain their properties effectively while minimizing unexpected costs.