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6 November 2024 | 9 replies
Bank statement loans likely will not help you until you have been doing your new venture for 12 months and have some deposit history.
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6 November 2024 | 12 replies
Every property of interest must be evaluated based on current and future performance.Current ConsiderationsTime to rentRenovation Cost & RiskInitial ROI and cash flowPurchase PriceMaintenance costAcceptable area rental restrictionsIn an area that is doing well and likely to do better in the future.In the migration path of urban sprawl.Future ConsiderationsThe location has a track record of appreciation and rent increases.It physically matches the expected demographic changes for the foreseeable future.Buy what your “customer” wants to rent, not what you think is a good property.
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9 November 2024 | 87 replies
Sorry bud, but your reading comprehension doesn’t match my post and basic geography.
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6 November 2024 | 12 replies
@Audrey Sommer it will be challenging to match what a PMC can do.Example: we post to around 30 websites via syndications via two software programs we pay for and also have a marketing team that manually enters a few.The Zillow Group is probably the easiest for a landlord to use.
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6 November 2024 | 13 replies
I did eventually get them evicted and thankfully they didnt trash my property (though they left a lot of trash that cost me $500 to get rid of but o well).The other time this happened was a tenant I moved in who had a good job at a hospital, the hospital had a program where they paid the security deposit and first months rent.
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4 November 2024 | 11 replies
You can charge an increased deposit, pet rent, or require the tenant to carry pet insurance.
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5 November 2024 | 5 replies
Wanted to know if it's possible to send a tenant to collections after a move out/ evictions for additional charges the security deposit didn't cover.
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4 November 2024 | 4 replies
Obviously, rents are very cheap there, but it seems I can find MLS listings that match or come close to the 2% rule.
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5 November 2024 | 18 replies
I have received two offers some time ago from my current credit card provider for a 0% APR direct-deposit (for 1 year).
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7 November 2024 | 6 replies
Consider all the things that could go wrong and see if the lease addresses them: unauthorized pets or tenants, early termination, security deposit, lease violations, late rent, eviction, lawn maintenance, parking, etc.5.