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12 January 2025 | 3 replies
Higher-quality areas attract tenants who are more reliable and tend to take better care of the property.
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13 January 2025 | 45 replies
And you can do it with little cash, 5% down conventional is better than 3.5% FHA.House hacking also gives you a chance to cut your teeth in all major skills: analyzing deals, buying process, financing, working with contractors, advertising for rent, background checks, property management.
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11 January 2025 | 11 replies
If you don't care about income and are more of a capital gain kind of guy, prices are already high (as you noticed) and there's plenty of land available to buy so I'm not sure how much is left in the tank.
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26 December 2024 | 5 replies
They are billed as "a scientific approach to single-family rentals" and use "institutional grade property management," which usually means they are a tech company in real estate and likely either don't have the existing property management relationships in each area or you chose an area where they don't have enough units through Roofstock for the PM they chose to care.
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11 January 2025 | 15 replies
(other issue was a leaky toilet we took care of, at our expense).
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8 January 2025 | 1 reply
So whenever the buyer wants to refinance or sell the property my lien comes up aswell and that's when I'm taken care of?
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8 January 2025 | 9 replies
That would take the pressure off Tenant A and let Tenant B know you care.
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15 January 2025 | 8 replies
Coghill they are trying to take care of several things:1) Approval to access credit reportsA video tour of my home office (required by the credit repository to show security, so access to office & computers is limited to avoid data theft)Credit checks on me and my partner (required by the credit repository to make sure you are not criminals looking to steal others' data)Copies of the deeds for every property we own (required by the credit repository to confirm you aren't just self-serving)A copy of my partner’s home lease and utility bills (required by the credit repository to prove his legal address, so they can pursue him criminally if he steals data)Business phone bills (required by the credit repository to prove an actual business)2) Approval to use banking ACH system to accept tenant payments and pay ownersBusiness phone bills (required by banking industry to prove business legitimacy)A signed letter from the bank verifying our accounts (to prove legitimate business banking accounts.
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17 January 2025 | 22 replies
The GC is a business person who doesn't care about your ARV, LTV, or your budget.
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19 January 2025 | 42 replies
The IRS doesn't care which of you is on title.