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31 May 2024 | 44 replies
It is highly likely the person taking the money would be charged with a crime and lose their license.
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30 May 2024 | 25 replies
Dee, I highly recommend you use a landlord attorney to prepare a lease for you.
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30 May 2024 | 4 replies
It's safe to say that your HOA will increase each year especially with inflation, how high rates are right now and will continue into 2025.
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30 May 2024 | 10 replies
Your traditional hard money doesn't eat your profit, they charge you a high rate.3. $150/month in cash flow is not something to hope for.
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30 May 2024 | 11 replies
They aren't tax savvy and neither are high income earners (both very low income/retired) and won't really entertain any savings strategies.
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29 May 2024 | 9 replies
@Vanessa SwitzlerI live and only invest in Greenville SC.It’s a great place to live and a great place to invest.It appears we have similar approaches doing JV and smaller syndications though we did do a deal with 281 units, too.My only caveat would be that I don’t consider Greenville to be a cash flow market - the growth is too strong and the demand too high.
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30 May 2024 | 12 replies
Loom is a great platform for adding all SOPs to video form - huge timesaver when it comes to onboarding, training, and familiarizing your staff with current systems- Create a tiered compensation structure for agents to incentivize the high-performersHope this helps!
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28 May 2024 | 2 replies
Also, based on the new regulations (1 of the 2 units must be owner-occupied), how do you think this will impact the home's value?
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30 May 2024 | 21 replies
Junky low-flow heads come in two types: the kind that are essentially a regular shower head with a restrictor somewhere in them, and the kind that spray out a high-velocity mist.
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27 May 2024 | 11 replies
Couple options that might be viable for you (I don't know all of your circumstances)- BRRRR into a DSCR by creating equity; partner closely with a lender before starting on this to cover seasoning and other requirements - also this will only work for an investment property, not a primary- bank statement loan/1099 loan may work if you can put at least 10% down and want a primary residence - will depend on how you're operating and a few other variables- seller financing; find a seller willing to carry a note for a few years- co-borrower; someone with decent income and credit who will be on the loan with you- DSCR purchase; be prepared to put down at least 75% or your rate/pricing will be horrible (70% is better); many lenders will have experience requirements; investment property only- find a private lender willing to fund the loan you need- get a salaried job relevant to your college coursework; your fico is strong and you have some cash, so househacking could be within reach via Fannie/Freddie multifamily purchase; get a solid workup from a competent lender before going this route as employment history will be touchy with this routeHard money can be used for an acquisition and rehab, but make sure your takeout financing plan is bulletproof before getting hard money.I'm originally from Baton Rouge.