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7 March 2024 | 27 replies
No discounts there.If it was a ground level addition, I personally wouldn’t blink much.
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7 March 2024 | 15 replies
In addition, rental property owners who live outside Maryland must designate a Legal Agent who lives in Maryland to accept legal documents.Now, this does not have to be a property manager, it can be a neighbor, friend, relative, etc.
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8 March 2024 | 30 replies
But in many cases they will just ending up routing you back through a broker which brings you back to the above scenario, so you've really gotta pick and choose well.Keep in mind that if you do find one, there will be things you need to do on your end such as specific signage, obtaining certificate of insurance from any vendors you work with (cleaners, handyman, pool guy), etc.Safely I believe also includes liability as an option in addition to their usual damage protection at an extra cost, though in that case you're paying on a per booking basis rather than a yearly fee, and it's likely going to be quite a bit more expensive.
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7 March 2024 | 3 replies
While the new property may bring in additional monthly income, the increase in your monthly net may not justify the amount of new debt that you would be taking on.
7 March 2024 | 11 replies
Thanks, and I look forward to hopefully getting more involved on here if we're fortunate enough to have things start to snowball over the years into additional properties!
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6 March 2024 | 6 replies
What tools or methods should I employ to evaluate its true market value?
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7 March 2024 | 8 replies
You should be able to roll in all your closing costs and loan amount so you have no out-of-pocket cost for the refi if you have additional equity you can also take that out up to 75% LTV. good luck!
5 March 2024 | 4 replies
Based on the employment records the jobs thst afford them the apartment are new.
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7 March 2024 | 2 replies
Have you done any additional research into the requirements?
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7 March 2024 | 38 replies
I believe the future is to hold them and sell them later on contract to allow yourself to have the additional cash flow without the huge gains