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2 June 2014 | 20 replies
There are some things only tenants know but can drastically affect the property value such as parking issues or maybe large pools of water that collect in the yard when it rains.
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1 June 2015 | 40 replies
There is a growing number of "unemployed" who choose not to work and sit back and collect government handouts.
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29 June 2013 | 8 replies
That includes possibly selling for below market value, thereby getting a good deal for their buyer and collecting the entire commission.
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20 July 2013 | 8 replies
I doubt it; but there is a practical limit due to the restrictions of how they are handled.
23 October 2018 | 13 replies
I've tried some real estate guru courses and I feel like I'd more likely to have more practical progress and results working with someone.
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2 July 2013 | 7 replies
(Repair Costs)This is likely your greatest opportunity for error, considering your lack of practice.
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1 July 2013 | 4 replies
In CT, they would consider this practicing real estate without a license, and you could find yourselves in hot water.
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2 July 2013 | 11 replies
Not sure how much of that PITI is P&I, but you've omitted capital, vacancy, maintenance (mostly caused by tenants), other utilities (at least when its vacant), make ready, legal costs, CPA costs, etc.Landlord insurance is more expensive than homeowners.As far as the tax benefits, your net rental income will be the rent you actually collect, less all actual expenses (taxes, insurance, PM, maintenance, utilities, etc.), less interest (not the principle payment, though) and less depreciation.
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2 July 2013 | 9 replies
I found it helpful to learn the various terms in the context of actual property discussions or practical examples.
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1 March 2021 | 10 replies
I don't rent to people with huge recent collections, and definitely no evictions.