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25 October 2024 | 18 replies
@Michelle Martin as long as your attorney handling the case is competent, not much exciting will happen at the trial.
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25 October 2024 | 3 replies
If so, you should not be paying taxes, rather you should be getting credit for prorated taxes from the seller on your closing statement.Then, when you say you are closing the property on June 30, I assume you mean you sold it on June 30.
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25 October 2024 | 2 replies
Congratulations on your new venture Mario!
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26 October 2024 | 5 replies
Maybe do a bit of rehab and increase rents, divide by cap and you see how much value you add to your property's "ARV". example4 units - $1000/unitARV $500klight rehab brings $1200/unit$200*4*12 = $9600 / let's say 8 cap = $120k additional property value ARV $500k -> $620kAdd appreciation, gentrification, more depreciation, refi.BTW a LLC is like $300 if you do it yourself or $500-600 if you hire a lawyer. $700-ish out of state.
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25 October 2024 | 12 replies
Let’s say you are selling your house.
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25 October 2024 | 3 replies
Head to the "for rent" tab, mark your general criteria (bed/bath count), and check days on market for those rental listings.
18 October 2024 | 34 replies
Also, having the perspective and looking back at rent growth and appreciation from your own personal experience rather than reading about it makes you realize this is not as crazy as you thought it is.You have to grow your portfolio wide (units), before you grow it deep (equity).
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18 October 2024 | 5 replies
What was your intent when you bought it?
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25 October 2024 | 12 replies
if the property is in Oregon they need state MLS and NMLS registration for ANY loan on a 1 to 4 unit regardless of purpose.thanks appreciate your feedback- we're only pocking $40k after paying off another heloc and debt. need to finish a big electrical job on the house, etc. so can't save up, but still have over $100K equity.