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3 March 2024 | 8 replies
Make no mistake, being an operator is being a business owner.
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4 March 2024 | 71 replies
Since the vast majority of dirt deals lots and acreages are owner financed I would expect that number to be much higher than 83,000.00 but if that is the number then those fishing in the sub too pond are going to find it pretty darn difficult to do a deal much less get any kind of volume.
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2 March 2024 | 6 replies
I have listed properties on the MLS as outright sale, or with owner financing, or w/ lease option, etc. not a problem.
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2 March 2024 | 5 replies
Usually RA operators are paying long term rental rates to the owner and then subletting as a STR or MTR.
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2 March 2024 | 3 replies
-joeNet CF from investment 1yr= Owners equity+Gain on sale in y1+ Total return from operations for that year.For years 3 and 5 add the principle reduction from the previous years and voila.Exit price(his estimated sale number)- total purchase price= gain.
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2 March 2024 | 21 replies
Also note that most states will not allow you to GC (or go Owner/Builder) on an investment property, only on your primary residence.
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2 March 2024 | 8 replies
(UNLESS OWNER OCCUPIED OR CAPITAL IMPROVEMENTS)If the land lord supplies heat, rent increase shall not exceed 4% otherwise don't exceed 3%.tenants 65 or older 2%new tenants increase can not exceed 5% over the last tenant's registered rentyou must provide a new tenant the previous rent amount in writing.you must apply to the city for each increase with 60 days notice, depending on the US department of housing and urban development for a unit of similar size.fines will be levied on a daily basis if in violation.
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2 March 2024 | 1 reply
What specifically did you do differently on this property transaction, than an owner-occupied property transaction?
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28 February 2024 | 3 replies
Do the rules for eviction give any advantage to the owner, if the owner also occupies the duplex at the time of the eviction ?
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1 March 2024 | 8 replies
I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes in Idaho are higher for out of state owners vs. residents (i.e. a house could cost $2K in annual taxes for a resident, but may be $3K for an out-of-state owner).