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10 April 2018 | 6 replies
Be careful of your analysis on how quick equity builds on a mortgage and best of luck
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14 February 2019 | 17 replies
The advice I can offer is be very careful of where you buy, many areas will never see any appreciation and the issues with distressed properties and tax problems, etc.
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18 February 2018 | 17 replies
Given that it's a reno and they seem to lend on ARV, the purchase price of the house is essentially taken care of.
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14 October 2020 | 19 replies
Well you have nothing for vacancy, leasing fees, PMI, capex, maintenance, lawn care or utilities.
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19 February 2018 | 4 replies
Two things to be careful with though. 1.
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17 April 2018 | 10 replies
Just like the city, there are pockets of nice areas where people take very good care of their properties and areas that are dangerous and not worth investing in.
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23 February 2018 | 26 replies
They could just be falling through the cracks because the current owner no longer cares, or is fatigued.As a new landlord you have an opportunity to retrain your tenant.
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23 February 2018 | 5 replies
The IRS is going to tax that money as income as soon as it is yours, they don't care if you use it to buy another property or to buy Starbucks.
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26 February 2018 | 5 replies
I would word my tenant advertising really carefully.