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Results (10,000+)
Devin DiManno Tips for Raising Capital
20 August 2024 | 3 replies
Assuming the property is appraised at $650,000.00 I am hoping the equity will get my LVT to 75% eliminating the PMI, adding to the potential cash flow when I go to rent and then putting that cash flow + personal savings away to raise capital to buy another piece of property.I realize that in order to buy my next piece of property I will want to put down 20% to avoid PMI and a high mortgage but saving 20% for a piece of property in my area is going to take some time due to the high price ranges $500,000-$700,000.
Troy Forney Keep VS sell
16 August 2024 | 5 replies
Rents seem to be about as high as they can go for now.
Jacob Zeimet How much cash do I need?
21 August 2024 | 5 replies
You can find properties in the price you indicated but they have historically appreciated less than inflation, they may attract poor tenants, they likely will have poor rent growth    Or house hack local market and need at low as 3.5% but easier at 5%.  
Allen B. Is outsourced maintenance a thing?
20 August 2024 | 18 replies
Yes, it can feel like "wasted" money on months where rent is auto-paid and there is no maintenance to be done, but when you get a bad tenant or two or when deferred maintenance finally catches up to you, they certainly earn their keep.At your scale, you might be able to get a bulk discount with a good PM, especially if you can show how well your current systems are working and how they'd be needed less than usual.
Eric S. Central Connecticut Strategy?
20 August 2024 | 5 replies
After swallowing some lumps thanks to one thread I posted back in April, I should (crossed fingers, no blown furnaces or sheard off roofs) be in a good position next year to reinvest.This is hopefully not a beat the dead horse, "where is the best cash flow in X" post, more of a strategy question for anyone who knows the market in CT.Here is what my limited knowledge/intuition tells me: Waterbury, Bridgeport, parts of Hartford cash flow best because of the inherent risk, lower fairfield county cash flows worst (today) because of NYC effect on price/rent, and there is an in-between SOMEWHERE.I think that somewhere is in the central part of the state between route 8 and 91 north of new haven, east of waterbury.
Paul Passafiume FL eviction process
19 August 2024 | 2 replies
He is 18 days late on rent.
Olga Daisel Discount me the sales price please
20 August 2024 | 14 replies
Did you intend to rent it out until you were ready to tear it down?  
Wil Reichard Should I give up trying to refinance?
19 August 2024 | 12 replies
However, you can put that commercial rent as your income.
Jamaica Perry Starting Mid-term Property Management Business
19 August 2024 | 4 replies
Anything renting for more than 30 days at a time is considered a long-term rental by law.
Heather Armoogam Is the CTREIA coaching program worth the money?
21 August 2024 | 17 replies
That property is currently rented above market rate.