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30 July 2024 | 3 replies
I think VA is a better market in terms of price growth vs MD, and a lot of my investor clients agree.In terms of local networks for mentorship/networking/guidance, there are two I know of in NoVa that I have personally been to:NOVA REI Meetups - they meet at Tysons Mall once a month.Cash Flow Breakfast Clubs - there are a few locations including Arlington, Fairfax, Loudoun, etc.
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31 July 2024 | 13 replies
The leasing fee depends on the agent but normally its around 70% of the 1st month rent.
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31 July 2024 | 3 replies
From my understanding if 75% of rents cashflow over PITI it actually improves you DTI for approval is this correct assuming have 2 years landlord experience?
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1 August 2024 | 2 replies
I think another element, especially in major cities, will be an attempt to lure tenants through better amenities, competitive rents, and employee-incentives.
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31 July 2024 | 2 replies
It might be easier to treat it as a full scenario with Purchase price, Down payment, Term, Prorgam, occupany, number of units/rents per door, Taxes/Insurance (Any flood, HOA) etc.
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28 July 2024 | 2 replies
Most rents in the area are around $1500 - $2,000 per month.
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30 July 2024 | 8 replies
I am currently trying to identify Real Estate savvy CPA's in the location where the rentals will be as I am a resident of Texas and not NY and I am new to real estate investing.
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31 July 2024 | 5 replies
They are the easiest to locate in the easiest to sell, and they have the largest market of possible buyers.
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1 August 2024 | 1 reply
All are rented to great tenants.
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31 July 2024 | 53 replies
These are kept on file in the county where the property is located, and are usually published in a newspaper.