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2 October 2018 | 3 replies
If ONE unit is vacant and both units are equal in rooms/bathroom composition, then the new owner will need to move into the vacant unit and then the owner can either evict to take the occupied property completely off the rental market (5 years off the rental market), evict to take back the occupied unit for personal use like moving in immediate family (2 years off the rental market), or they can evict given the tenant is a nuisance or conducting illegal activity (this is a harder method to evict since you have to provide evidence and have a case but if they're selling drugs and you have video footage or something, then make your moves) and there are a few other reasons for at-fault evictions.
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3 October 2018 | 17 replies
So, is it safe to assume that you are forced to seek alternative financing?
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30 September 2018 | 5 replies
How active have you been since you found it?
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3 January 2019 | 13 replies
I have a wonderful Real Estate agent who we bought our current home through and I trust, so I am planning to seek his advice on market strategy.
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28 September 2018 | 2 replies
Hi Bigger Pockets community! I'm in a 1031 exchange, having sold a commercial property in Los Angeles. I'm looking for similar mixed use properties out of state for better return on equity. I've identified and am unde...
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28 June 2018 | 3 replies
Actively re-starting about 2 1/ years ago in RE investing we began to consume a lot of material on investing (podcasts, books, etc.), the end result being we took our eyes off the ball to the deals that were right in front of us!
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28 June 2018 | 5 replies
SabrinaAfter a long real estate career in Silicon Valley, I moved to Greenville 3.5 years ago and have been actively investing near downtown Greenville - both flips and long term rental holds.
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5 July 2018 | 110 replies
Greg: First, do not get discouraged by anyone, someone else is doing it so you can, not going to be easy.If not done already I suggest to look into this:Enforce that PM uses a great website for rental screening, ones with a background check and choose the best tenants possible.Review you leases to close any pitfalls and enforce the lease to the T.Keep the units in good shape and keep extra cash reserves ( fixing + trip expenses )Tiger than normal lookup on the PM ( have second PM line up ), vacancies, unit showing costs, repairs, fees, etc, require a once a week normal operations report and a once a month full operations report.Family, friend on virtual assistant that regularly drive by the property and reports to you, or if cash flow allows and deem beneficial you can install security cameras and remote view activity on the property, nowadays there are lots of options.Check if feasible to get a home warranty plan for the units so some pain issues are self-managed by the tenant via a phone call to the warranting companyIn which city/state is the property?
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29 June 2018 | 5 replies
For 'suspended passive activity loss', is this the same as "unallowed loss' on my federal tax return?
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18 July 2018 | 16 replies
I just started to seek Private/hard money but want to make sure my refi is set in place.