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14 May 2024 | 16 replies
If you're prioritizing the headache factor, having one tenant is always going to be easier than manage than two, but I think what's more important is that you're vetting your tenants thoroughly no matter what type of property you get.Good luck!
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14 May 2024 | 6 replies
The Operator or the HammerThis is the person that actually runs the physical asset - property and asset management, project management - takes care of the day to day gritty details of operating rental property.
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14 May 2024 | 4 replies
@Evelin Negrete, it sounds like you are punishing them for being a little annoying and for you not managing that better.
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14 May 2024 | 8 replies
That includes real estate agent, title preferably owned by attorney, seasoned STR property manager etc.
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14 May 2024 | 3 replies
Once you have managing it down and you've got some experience then you may want to consider making it section 8 eligible.I imagine you're going to get lots of responses telling you to avoid section 8 all together.
14 May 2024 | 22 replies
Example, analysis fees, marketing fees, management fees, etc.
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14 May 2024 | 1 reply
FHA loans are generally more straightforward, with lenders typically requiring verification of your credit and income.Be prepared to provide financial documentation, as the lender will need to ensure you can manage the additional mortgage payments.
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14 May 2024 | 7 replies
I managed the properties myself, and was offered a job out of state that required long-term international travel.
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13 May 2024 | 9 replies
I see that you have management fees set at 8% and interest rate of 4%.
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15 May 2024 | 11 replies
They might also have relationships with contractors, wholesalers, and property managers, which can be invaluable to an investor.