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4 October 2021 | 31 replies
That also eliminates any day count limitations as this does not reduce the number of available long term housing.
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7 October 2021 | 28 replies
You would have to furnish it but because of the higher return of STRs, at least the money stress would be eased.Unfortunately the RE game is not a sure thing.
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4 October 2021 | 10 replies
@Graham Kuzek you are paying taxes on depreciation recapture at the time of sale, regardless of if you claim depreciation to reduce taxes during ownership.
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23 September 2021 | 3 replies
If you move out and turn it into a rental, you can always refinance and/or extend the mortgage term to reduce your monthly payment which is what I've done to improve cash flow.
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23 September 2021 | 0 replies
With less socialization and in-person interaction in our world today, self-managing your rental property from a distance can be stressful and a full-time job.
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10 October 2021 | 18 replies
There is actually a known negotiation tactic to reduce offer when the other party is trying to go higher.
18 October 2021 | 8 replies
And even if you can, the stress and time commitment can eat you up.
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24 September 2021 | 7 replies
You suffered ($150 in reduced rent)(number of months left on the contract) and this is what you are allowed to retain.
24 September 2021 | 7 replies
@Alleah F.Trade off for BRRRR is typically that cash on cash is higher but overall cash flow is lower due to higher debt service costs and less money in the deal. 10-15% is too low of a cash on cash return for the added stress of BRRRR, IMO.
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24 September 2021 | 1 reply
I can not stress enough the importance and impact your spouse or significant other can have on these types of moments and situations.