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2 May 2024 | 6 replies
I also prefer closing in person but it's getting rare.
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29 April 2024 | 8 replies
In the Tampa market the best located, best furnished, "coolest" units are doing great, average are sort of breaking even, and subpar are withering on the vine.Curious if that is the norm in most markets.
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3 May 2024 | 11 replies
@Olu Efunwoye I personally wouldn't pay for this, $40k for a coach?
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2 May 2024 | 12 replies
Hey Byron,So the advantage of doing Refi compared to a HELOC is that the heloc is personally backed to some degree while a DSCR refi is backed by the (hopefully) cash-flowing asset.
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4 May 2024 | 18 replies
However, nothing tops in-person connection.
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3 May 2024 | 19 replies
was thinking of letting them know I leg rent more than a certain amount here in California unless that person decided to move out and one of their other not on the contract tenants signed a new lease at the higher rate?
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3 May 2024 | 12 replies
You can close in an LLC if that's a concern, and many times the debt isn't reported to personal credit.
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2 May 2024 | 5 replies
As I've been learning, there are the key taxes to understand when investing into a new area or state:- State business income tax (if you have an LLC)- State personal income tax (if they want to tax you too, even as an out-of-state investor)- City personal or business income taxes- Any registration fees due the city/state- City/state property taxesAnd I'm sure more!
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3 May 2024 | 10 replies
You can always pick those up after the lease ends via a judgement in court - you will have the same odds of collecting unpaid rent (close to 0).Sometimes we take it personally when folks do stuff like pay late every month - landlords live longer when we learn to not take things personally.
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3 May 2024 | 7 replies
You may or may not have a personal guarantee, but probably will.