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11 June 2024 | 11 replies
Get as close to the truth as legal in your state and clarify that you're not a huge capital group coming to town to slum lord the entire city, you're a hard-working guy trying to break out of the 9 to 5 (if that's legal to disclose) and being able to turn a modest income on a rental would be a vital step toward that dream of financial freedom.
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11 June 2024 | 11 replies
In states where "source of income" is a prohibited discriminatory factor it would be illegal to only show voucher holders the rental.
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10 June 2024 | 18 replies
Specializing in how to use your investment accounts to invest.
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10 June 2024 | 15 replies
But curious, financially do you think this would be a mistake/bad move to take on a $750k home with the income that we earn?
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9 June 2024 | 4 replies
DM me and I will send you contacts for; attorneys, lenders, and accountants they have previously used.
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10 June 2024 | 12 replies
Finally, create a detailed financial plan that includes your home buying budget, loan arrangements, rental income and expenses to ensure that the investment remains profitableThank you!
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9 June 2024 | 12 replies
There is rental income insurance but I believe that’s usually for when the property becomes uninhabitable.
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12 June 2024 | 24 replies
I super managed the property – income, expenses & loan - and took care of all maint. and mgt. issues (the water damage was handled through the previous owner’s property ins. ) and brought the occupancy to about 100% while raising rents about 20%.
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10 June 2024 | 2 replies
I don't mind not having cash flow as I do have other lines of income however, I definitely don't want to go in negative and I do want my property to appraise over the period of time well and not give me too much maintenance headache.
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10 June 2024 | 19 replies
On you ADU COC you used full rent income.