23 December 2024 | 9 replies
With the income issue, there are screening systems available that verify income by having applicants securely log in to their payroll provider, which then shares their gross and net income with you.
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27 December 2024 | 34 replies
ONe its not guaranteed your renters can and do get kicked off the system for violating the policies.
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2 January 2025 | 53 replies
If you are still with CR of Maryland they will transition you to their management system.
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25 December 2024 | 11 replies
If one or more units are vacant, the remaining units often don’t provide enough cash flow to cover expenses, making it harder to meet operating costs.Maintenance costs: A fourplex comes with four times the appliances, plumbing, HVAC systems, and other components to maintain, leading to significantly higher repair and maintenance expenses than single-family homes.If you want to see the detailed calculation, read this BP blog - More Units Doesn’t Mean More Money—Why a Single-Family Home Can Beat a Fourplex.Resale value: Multi-family properties have a limited buyer pool—mainly investors—who base their offers on CAP rates.
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20 December 2024 | 9 replies
This is why I stress the importance of knowing the laws and the strength of the legal system before investing in a particular market.
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20 December 2024 | 3 replies
Create systems and processes right off the bat.
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21 December 2024 | 6 replies
There can also be chemicals in the treated lumber that are harmful to the environment.Invest in a good screen or built in door system.
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24 December 2024 | 8 replies
.: It sounds like you have a great system down, and I am sure that you can find some handymen that are in the area doing part-time work and then working at a day job that could be pushed into full-time work on your properties.
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18 December 2024 | 5 replies
For example, one municipality local to me requires a sewer inspection because some houses still have gutter downspouts tied into the sewer system which is improper.
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23 December 2024 | 15 replies
Have some real estate under my belt but looking into Short term rentals opposed to long term rentals.Wondering if there is a stand out book to read to gain understanding for Australian Short Term rental market/AIRBNB.Also if there is a specific group for Australians and short term rentals for Australian market/Australian tax system etc, do point me to that.Rod