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11 July 2018 | 13 replies
In this area the ROI isn't always great for major improvements on rentals unless they are truly needed.Good luck and feel free to reach out with any questions.
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11 July 2018 | 10 replies
I use mysmartmove for tenant screening and its very easy for them and will give them access to their report if you deny them.
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9 July 2018 | 19 replies
I have full access to the MLS, have a general understanding of how to utilize it, and currently walk properties almost every Tuesday to get a feel for my market demographic and what's selling.
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8 July 2018 | 3 replies
And sometimes using hard money at a reasonable hard money rate is well worth the end result - especially if you're doing a significant value add project.The most common way given your scenario (I'm guessing you've already completed your sale and started your 1031 exchange) is to do an improvement exchange.
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7 August 2018 | 7 replies
-> 0 to 10% (model set-up for varying ranges; I can minimize my managing myself, but cost is still my time)Maintenance & Repairs -> ~10% (rough guess - 5% for maintenance and 5% for cap-ex improvements)$500 for other misc per yearAm I missing anything?
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24 November 2018 | 7 replies
You can become an assistant to someone that has access.
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9 July 2018 | 5 replies
If I understand it correctly, she will have to pay taxes on the selling price minus the purchase price, cost of any improvements, and 500k federal exemption.Are there any other strategies which could be employed to reduce the tax burden?
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11 July 2018 | 5 replies
I’m going to sell this property soon as my HOA won’t allow me to transfer it over to an LLC.We want to purchase 5-15 doors (2-6 multi family homes) in the next twelve months and I currently have about $5000 saved and potentially have access to an additional $150k in family/friends money.
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9 July 2018 | 1 reply
There have been no improvements or repairs made on the home.
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10 July 2018 | 3 replies
The land is relatively flat, no trees or other obstructions, and has access to all utilities.