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16 February 2024 | 1 reply
Pro Tip: Make sure the laundry vendor names the property as "co-insured" and does not simply provide a certificate of insurance for the property's file Since laundry leases are "real property" leases a separate paragraph will spell out that the laundry lease conveys when the land is sold.... so any property that is sold while the lease is in effect will be required by law to assume it. - this is often times confusing for a new or amateur owner who may not be schooled in real property leases.
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16 February 2024 | 11 replies
There may be rules that favor landlords more in some places than others.Property Taxes: Examine the rates for property taxes in prospective markets as they will have a big effect on your total costs.Future Development Plans: Look into any planned construction or infrastructure initiatives that might raise the value of real estate.Vacancy Rates: A robust rental market is typically indicated by low vacancy rates.
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15 February 2024 | 4 replies
What specific lead generation tactics have you found to be most effective in your market?
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16 February 2024 | 6 replies
ThanksIt sounds like a Debt service coverage ratio (DSCR) product would be a great option for you.
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15 February 2024 | 4 replies
As long as you can show paid for more than 12 months by the llc it doesn't effect your DTI
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16 February 2024 | 7 replies
Sounds like you've been setting up your deals improperly already.
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16 February 2024 | 2 replies
Sounds like a stretch to me.3.
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16 February 2024 | 3 replies
A licensed agent can start sending you houses from the MLS and a Wholesaler can help send off market deals to you.Since you mentioned the BRRRR method it sounds like you will be financing the deal.
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15 February 2024 | 42 replies
Since the urea is a crystal vs a volatile organic like smoke, it isn't as effective.