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17 April 2024 | 16 replies
For example, if you raised rent by $25 a month that is not likely to trigger them moving but it does help control the gap that could develop between your rent and market rates.Each year you skip widens the gap and makes it harder to close and more likely to trigger a move. $400 is tough to recover in one change without triggering a move.I have learned the hard way that I really should not skip rent increases every year, even if they are small.
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18 April 2024 | 6 replies
Please feel free to say hello and I look forward to learning from all the members here
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18 April 2024 | 7 replies
If it was addressed to me - then no, I do not offer free consultations.
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19 April 2024 | 5 replies
Or house hack with 10-15% down + closing costs but same % of reserves.Until then, keep saving in a HYSA or as "risk-free" as on option with some yield will provide.You're not situated to be an REI right now, just deal with it.
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18 April 2024 | 3 replies
Plenty of free contracts online that are great for all states but you may have to sign up for their newsletter etc.
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18 April 2024 | 5 replies
Another free resource is the county data.
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16 April 2024 | 0 replies
What is the Augusta Rule?
The Augusta Rule, known to the IRS as Section 280A, allows homeowners to rent out their home for up to 14 days per year without needing to report the rental income on their individual tax re...
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20 April 2024 | 34 replies
RegardsKelly McClellan Hi Kelly,Thanks for your detailed explanation.My apologies for your disappointment.If I could turn back time, we probably would have done things differently.But such is life.You live and you learn.Feel free to hit me up via message and I can point you in the right direction on our market or at least share some opinions on the turnkey business model.Keep the dream alive and I wish you all the best.
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18 April 2024 | 3 replies
Feel free to reach out of you have any other questions or need some help finding a good investment. - Chris Kersey
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16 April 2024 | 4 replies
I used to do lease options 20 years ago, and it seems like a great way to wrap around without trigger a sale or breaking any terms of common notes.I have a $1.3M property with a 1st of about $850k at 3.25%(or somewhere around there).