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24 April 2019 | 17 replies
I understand that I would need to manger my manger, just like I would with an employee or anyone else that I delegate responsibility to however, every other area that I hire sub-contractors for they are responsible for performing the work to the standard we've agreed to.
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22 April 2019 | 0 replies
Our only problem is pulling conventional loans via our business, as it doesn't provide income in an orderly fashion like banks and standard lenders prefer.
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23 April 2019 | 1 reply
Pay your tax bill.Can skip on the other standard 10 or so documents otherwise normally needed for preapproval, this is a limited pre-preapproval to see if that is even a good use of your time to locate and send that other stuff in.The above shouldn't take you longer than 20 minutes, tops, plus waiting for turnaround time.There ya go.
1 May 2019 | 19 replies
I've never heard of a $16k deductible.
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20 February 2020 | 65 replies
Deduct for PM fees and the complex handyman and nothing is left over.
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29 July 2019 | 39 replies
The company (which has networks and systems in place to find the best props and rehab to a high standard quickly etc) does all that legwork on their dime and on their time (ie no vacancy risk to you during rehab).
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25 April 2019 | 17 replies
Read their lease agreement and see what the language is for terminating their lease - Mine was 90 days notice and not the standard 20 days (if they're MtM).
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23 April 2019 | 5 replies
I purchased my first investment rental property (a 2/1 in Riviera Beach FL that is renting for $1,075 a month) in October of 2018. I spent nearly all the money I have (All in at a little under $35K) on getting that pr...
24 April 2019 | 3 replies
I believe if you use a HELOC to purchase another rental property, the interest on the HELOC payments becomes tax deductible, but I'm a little fuzzy on the rules if it's used to purchase a new primary residence.
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24 April 2019 | 4 replies
There is no standard.