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19 March 2024 | 0 replies
For newly constructed, purchased or renovated properties and also retroactive generally over the last 10 years, building components are properly classified into individual units of property and accurate recovery periods for computing depreciation deductions.
19 March 2024 | 1 reply
Despite having obtained a permit from the HOA, it has been revealed that the proper procedure required obtaining a permit from the Florida State prior to seeking HOA approval.
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19 March 2024 | 15 replies
They can properly secure the house following the tenants' departure, winterize it, coordinate utility account transfers, and source vendors to address anything that needs to be done to the house prior to marketing it for another tenant.
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19 March 2024 | 10 replies
A small portfolio in your name is fine with proper insurance.
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19 March 2024 | 11 replies
Then if you learn how to screen your tenants properly you will minimize tenant issues.
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19 March 2024 | 11 replies
:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+, zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680, some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.
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18 March 2024 | 0 replies
The properly sits on a large 28,480 square-foot lot zoned for office, creating the potential for re-development as a medical office expansion.
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19 March 2024 | 9 replies
If you get a property enough exposure and the proper exposure, then it's a matter of time vs money.
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20 March 2024 | 11 replies
That's a bad idea and is not the answer to your income problem.
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19 March 2024 | 3 replies
I have a 3 bed, 2 bath STR on Airbnb that’s been a loss and I have to come up with some ideas to change it or sell it.