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13 July 2022 | 13 replies
RE is going to apply a lot of pressure and stress into your life in general if you are involved in the operation on a day-to-day basis.
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5 July 2022 | 1 reply
It's best to speak with a broker about your particular financial situation to gauge what you can afford.
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7 July 2022 | 10 replies
This would obviously have me finding a new cleaner, but it would give me time to evaluate their work without the pressure of quick turnarounds and extreme urgency.
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11 July 2022 | 29 replies
Since you have 100% equity in it, you can get a HELOC for 80% of the value of the property to give you almost $300K to work with for future properties.If it were me, I would: 1) Start the HELOC process now on the rental to see what rates you can get and 2) Complete the renovation on your primary residence and gauge the market in December 2022.
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8 July 2022 | 5 replies
Also when people hear feds are gonna raise rates again another round of buyers will feel pressured.
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15 July 2022 | 5 replies
It might even help gauge how knowledgeable your “expert” is as well.
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25 July 2022 | 2 replies
@Samuel Mes: I know the site needs electric, water and city sewage (don't want to do septic), Not sure if its right for your situation but I'm a YUGE fan of low pressure sewer systems.You can check it out here:
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16 July 2022 | 13 replies
If the landlord is allowing a violation of the HOA agreement, then they may be able to pressure the landlord to remove the offensive individual.
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11 July 2022 | 7 replies
If there are negatives about the property, be honest about it up front when showing (no parking, noisy neighbors next door, barking dog, low water pressure, etc.), don't waste yours and the prospects time glossing over something that ends up causing them not to sign, or worse, makes them unhappy shortly after they do move in, and now your are stuck with them for a long time.
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13 July 2022 | 13 replies
My lender has agreed to 70% LTV on these types of properties so I'm basically gauging ways to establish the interests of other investors preferably those experienced in multifamily properties.