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21 August 2024 | 73 replies
1) With rent control, it keeps inventory low, thus high appreciation for rents.2) Higher dollar appreciation. 3% increase on a $1M value is higher than a 3% appreciation on a $100,000 value. 3) Same as #2 but with rents.4) Because of the above, you could argue that you are generating a higher net worth faster. 5) Expensive markets like LA, NY, and SF can be great for house hackers.6) Because I first bought in LA and then bought a second house hack, I have been able to leverage business partner, HELOCs, and a 1031 exchange and now have 15 doors between four states and I haven't had to put a down payment of my own money (or at least BRRRR and got my money back).
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20 August 2024 | 8 replies
State Farm agents might offer alternative solutions, and national insurance companies could still provide coverage, though potentially at a higher cost.
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19 August 2024 | 0 replies
IN RETURN, I AM WILLING TO OFFER 60% OF MY SHARES FROM OUR REFINANCE CASH OUT PROCEEDS WHEN PROJECTS COMPLETED IN 6-12 MONTHS.Preferably experienced investro from Utah will be a bonus but will consider all....If you're interested please text or call me at my direct number asap (415)483-6120.
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18 August 2024 | 14 replies
With it being a HUD home, I'm told they won't turn the water on till an offer has been accepted?
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19 August 2024 | 3 replies
.- Received an offer for one of our new construction homes in Palm Bay, FL.- Completed a 7-minute speech at my local Toastmasters organization.
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14 August 2024 | 10 replies
How am I supposed to make an offer on a home that has inaccurate information?
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19 August 2024 | 1 reply
. $5,000 net after taxes and insurance Internet is responsible for maintenance.Down payment: 30kValue: $725k +Current loan: $440kI just wanna pull $50-$75,000 of equity out of the property without being killed on a really high interest rate.
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14 August 2024 | 8 replies
They do qualify you based upon the cash flow of the property, but they have high origination fees, prepayment penalties and higher interest rates than conventional.
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15 August 2024 | 6 replies
I am now prepping to sell a home for $1.1M to $1.2M, so I am planning to offer my selling realtor a max of 2%, and the buyer's realtor the same.
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19 August 2024 | 13 replies
With that, I am looking forward to all the site has to offer!