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13 April 2024 | 8 replies
Yes physical cash, I'm also worried about putting the money in to others bank accounts and then them getting taxed on the money because it'll look like income even if there just transferring the money to the lender.
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10 April 2024 | 3 replies
Hi all,I am on a H1b visa W2 income.
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13 April 2024 | 7 replies
If I had given them a loan with payments, it affects the debt to income ratio.
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13 April 2024 | 6 replies
The rentals are a nice way to acquire passive income but I want to turn real estate investing into my full time job.I have been looking into a bunch of areas such as Flips, Wholesaling, Pre-foreclosures etc.
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13 April 2024 | 22 replies
Would you accept a tenant for a $2,150/month rent with the following situation:- They own 2 restaurants so it is hard to verify their actual income VS the company.
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12 April 2024 | 1 reply
For example, states like Texas have no income tax but higher property taxes, which can impact your strategy.
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12 April 2024 | 5 replies
This person probably sites on the internet and thinks they know what they are talking about but again 100% clueless.Rental Pricing Regulations 99% of the time HUD pays MORE than cash.in OH anyway.Risk of Renting in Lower Income Areas SEC 8 prop can be anywhere, NOT just low income, I have props in the best areas in Cleveland.
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13 April 2024 | 10 replies
Real estate can provide a more tangible asset and potential for rental income, but it requires more management and can be less liquid.
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11 April 2024 | 7 replies
This takes a little more work, but it's the fairest and reduces the likelihood of tenants that squander utilities.If you choose #2 or #3, there are considerations:Start with an average.
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12 April 2024 | 27 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with zero or negative relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560, little to no good tradelines, lots of collections & chargeoffs, recent evictions.