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22 May 2024 | 17 replies
There is some accounting included, like owner statements and keeping track of all the important numbers for a STR property...i.e. occupancy, revenue, RevPAR, etc.As for guidebooks I highly recommend going on Etsy and finding templates for hard copies and templates for a digital copy.
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23 May 2024 | 5 replies
The sales contract does include the mobile home and the land.
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23 May 2024 | 43 replies
The game does not include the little boarded up houses :) Now what Aaron is describing could be where one of those little green houses are if you passed on the medical office worker crowd.Lets take these 3 options below and put aside the cash flow on paper part for a sec.Five years hold scenario:Medical renter 70kAarons 40k guessingBoarded up zone 20k Let say the medical center house only turns over 2 times in 5 years, no issues, one month vacant.
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24 May 2024 | 34 replies
Affordability: Oklahoma offers affordable real estate options, making it easier to acquire properties in the desired price range.2.Rental Demand: OKC has a steady demand for rental properties, particularly in the affordable housing segment, which can ensure a consistent income stream.3.Economic Growth: The state's economy, including sectors like energy, aerospace, and healthcare, contributes to a stable job market, attracting renters and supporting property values.4.Investor-Friendly Environment:Oklahoma's landlord-friendly laws and reasonable property taxes make it favorable for real estate investors.5.
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23 May 2024 | 5 replies
I just created a free account to check on one and you still don't get any info until you upgrade to "premium."
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23 May 2024 | 11 replies
@Jonathan Baptiste, why not just include utilities in the rent?
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23 May 2024 | 4 replies
I have thought about doing a HELOC but I feel like I am just creating another payment at a higher interest rate.
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23 May 2024 | 8 replies
versus a new property with it's income/debt load.Other considerations might be if that property you own is at a great risk for capital expense that can create a real urgency to sell and 1031 before the capital expense hits.
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23 May 2024 | 5 replies
Without giving tenants this notice they are included in the protections by default.
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23 May 2024 | 7 replies
I am wondering if any of you pursued creating rentals using this idea and what you've learned from it.