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10 June 2024 | 11 replies
Long term rentals to locals I would reccomend elsewhere though.
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10 June 2024 | 7 replies
If you end up wanting to sell them or would just like to bounce ideas off someone local to the area, reach out to @Josh Green!
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10 June 2024 | 22 replies
For example if local rents are $3k/mo and your house hack in $1k in the red, thats a sweet deal.
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9 June 2024 | 8 replies
There might be some local banks and credit unions that go slightly higher.
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7 June 2024 | 5 replies
These loans generally carry a higher interest rate than first-position mortgages because they are more risky for the lender in the event of a default since they are the second party to get paid in the event of a liquidation.
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9 June 2024 | 3 replies
Additionally, we are open to exploring opportunities in other areas as well.We are particularly interested in:- Learning how to analyze these properties for cash flow potential- Understanding the local market dynamics and trends- Networking with experienced investors who can offer advice and mentorshipWe believe that with the right guidance and connections, we can make informed decisions that will set us on the path to financial independence.
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9 June 2024 | 50 replies
A taxpayer can generally claim that a rental property is ready if the property either receives, or is ready to receive, a Certificate of Occupancy (CO) by a state or local authority.
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12 June 2024 | 27 replies
This would depend on local municipality requirements.
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6 June 2024 | 4 replies
Hi Marcelo, I would recommend going to local RE events if you can (Meetup.com is a great place to find them).