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7 June 2020 | 2 replies
Ideally, move out within 4 years and rent the full home for $1,800-$2,000/mo Raising the home is obviously a worry.
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2 June 2020 | 1 reply
Well in 2018 the last gogo year things sold at lower cap rate and based on a prayer that rents will increase quickly or that the place is today under rented, OR with small fix up can raise rents (value add).
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2 June 2020 | 8 replies
I have also heard that helping other managing partners raise capital can be a good way to get your foot in the door.
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7 June 2020 | 27 replies
Its all covered here in this letter from my lawyer.Paying the tenant to cut the grass = see answer aboveReducing the rent to cut the grass = see answer aboveSolution = Raise the rent to cover the cost of lawn care and hire a legit company with Liability and Workmans comp insurance and sleep well at night.Or...cut it yourself and sleep better because you are tired.
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9 September 2020 | 14 replies
@David Thomas You raise a good point that searching for a single family home will likely have the same challenges as looking for a duplex would.
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16 June 2020 | 14 replies
Move to the suburbs and you get lower taxes, lower crime, and higher quality of life.If population continues to decline we'll lose our tax base and the politicians will need to raise taxes even more.
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4 June 2020 | 4 replies
Our costs were raised substantially due to remote closing, where out-of-state attorney charged us plus attorney we used for closing charged as well, didn't disclose extra costs until closing.
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3 June 2020 | 2 replies
That being said, your first steps include can/will include: introducing yourself as the (new) property owner, letting them know how they will pay rent moving forward, getting into the units/scheduling a walk-through and getting photos (if you don't have a signed, move-in report), and deciding if you'd like to get them on a new lease, raise the rent or have them move-out for any renovations or upgrades you need to make.
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3 June 2020 | 0 replies
You can view parts 1 and 2 on Youtube:Part 1 on Raising Private Money: https://www.youtube.com/watch?
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5 June 2020 | 20 replies
This is a different kind of house hack but it allows us to live somewhere nice, raise our 3 kids and still create opportunity.