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16 July 2024 | 41 replies
I do have 5 property managements for my rentals and how they are different is how the process for repair is different from one to another, but i see someone that's more pop and mom is having so much passion about real estate, that passion is kinda my indicator right now.
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13 July 2024 | 5 replies
FWIW, a CPA indicated single entity LLCs don't provide the same level of legal protection as multi-member LLCs provide.
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11 July 2024 | 1 reply
Generally a higher cap rate indicates a lower credit tenant which indicates a higher risk to the property owner. a 10 cap is a great deal until the tenant goes out of business and leaves you with a Negative 10 cap as you are on the hook for all of the expenses associated with ownership.You should consider creditworthiness of the tenant first and foremost.
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12 July 2024 | 23 replies
Note value adds are work and have risk but as I indicated I do not believe what you seek exists in RE investing.
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14 July 2024 | 56 replies
I wouldn't even bother if there is already a central acThe original post indicated there was no central ac.
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13 July 2024 | 20 replies
Construction/rehabilitation timelines rarely go as initially indicated.
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11 July 2024 | 1 reply
Screening for financial stability and rental history can indicate whether a tenant is likely to fulfill lease obligations responsibly.- Legal Compliance: Tenant screening helps property owners comply with fair housing laws and regulations.
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10 July 2024 | 10 replies
Details:Under Contract: 175kAttempting to Get: 200kARV: 290k ARV being 290k indicates that after rehab the property is worth 290k.
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10 July 2024 | 3 replies
My preliminary research indicates that this might be possible (without committing fraud!)
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10 July 2024 | 3 replies
Additionally, I have a "Notice to Vacate" section in my non-standard rental provisions indicating that tenant and landlord must provide a 2 full calendar month notice to vacate.