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23 August 2024 | 4 replies
Thanks,Hey Joel,If you are tight on PITI, then I usually recommend looking into an interest only loan, maybe on a 5-10 year IO plan, to lower your payment and see if you can squeeze it in.Plus, rates are starting to dip a little bit, so it makes it a little more doable, especially if you just do a rate and term refinance to help keep your rate lower.
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22 August 2024 | 6 replies
When it comes to foreclosure info broken down by state, I have found this site to be helpful: https://www.realtytrac.com/rea...As for licensing info, the NMLS is probably your best starting point.
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22 August 2024 | 2 replies
We have been using Rentometer for many years and have enjoyed the statistical analysis that helps us to determine where we should price our rentals when we go to market.
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23 August 2024 | 10 replies
Hope this helps!
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23 August 2024 | 4 replies
After that, the LLC could potentially gift or sell the property to you, which would likely trigger capital gains taxes.Another option could be to transfer ownership gradually through gifting shares of the LLC to you over time, which may help minimize tax impacts.
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23 August 2024 | 14 replies
I'd be happy to chat more about how we can help you achieve your goal.
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24 August 2024 | 23 replies
They responded just as you indicated @Ryan Murdock that it helps to cover the costs of them collecting the late rent.
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22 August 2024 | 6 replies
Both cities have their pros and cons depending what your looking for as an investor but if it's purely prices Edmonton would edge out Calgary. hope this helps Btw Edmonton is 300km north of Calgary
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22 August 2024 | 1 reply
Here’s how it can help if you currently own residential real estate:Improve Cash Flow – By taking advantage of accelerated depreciation, you can claim additional deductions in the early years of your property, boosting your cash flow.
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22 August 2024 | 4 replies
Any suggestions would be very helpful on how to proceed.