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25 June 2024 | 2 replies
Obviously there is a lot to discuss on this topic, but for a very quick glance, here are a few pro's and con's to consider when thinking about section 8 rentals:Pros:Guaranteed Rent Payments -> The government pays a significant portion (if not all) of the rent directly to the landlord, providing a reliable and steady income stream.High Demand -> There is often a high demand for Section 8 housing, reducing the risk of long vacancy periods.Cons:Inspection and Compliance -> The property must pass an initial inspection and comply with health and safety standards set by the local housing authority.
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25 June 2024 | 31 replies
So far, I’ve been learning via reading and listening to podcasts daily for the past few months along with saving majority of my income from work to go towards my first future down payment.
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25 June 2024 | 8 replies
Hey Jeff,Just wanted to give you a heads up – I snagged a screenshot of the first page of their reportLooks like the mountain areas aren't included, probably under a different municipality.I stumbled upon this report on their website, after signing up for their free account.
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25 June 2024 | 5 replies
After several years investing as an accredited investor, I’m moving to building my own portfolio of SFH and small multi-family that I control and add tax and passive income benefits for additional investing.
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26 June 2024 | 6 replies
Dont let the tax tail wag the income dog!
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24 June 2024 | 58 replies
@Ashni Modilet's be very clear.you likely will NOT cash flow in the first year, or the first few years, unless you (1) buy something in PRISTINE condition, and (2) you put a substantial amount down.and think about it - the more you put down, the longer it takes to recoup that initial outlay before you actually cash flow.contrast that with a savings account.
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24 June 2024 | 5 replies
-I hear condos are now charging outrageous amount of money for association fees and costs and people are selling their properties on account of this.
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25 June 2024 | 4 replies
It is definitely a lower to moderate income area, but it is quickly changing.
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25 June 2024 | 3 replies
According to this Gallup survey, real estate is the most trusted asset class no matter the household income level of respondents.
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25 June 2024 | 2 replies
She says the average water bill is about $40/month which equates to Gross income of about $1800/month currently.