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15 September 2021 | 3 replies
All but two of the bedrooms have more of the insulated duct material blocking the entire vent a short distance before the air supply vents, with only a small hole cut out of them--probably 3" by 6" in the bedrooms, and down to about 2x5" in the bathrooms.
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15 September 2021 | 4 replies
Assuming $2600 rent, with 10% prop-mgmt fee, plus a 15% contingency, that leaves $100/mo cashflow which seems like is cutting it way too closeMy main goal would be to diversify my investments beyond stocks and bonds; also would be good to be able to apply the initial leverage I used during the purchase for a longer period of time for appreciation (not sure if that's sound logic tho); and finally would be nice to not pay the $30-40k in selling closing costs.Thanks in advance!
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16 September 2021 | 21 replies
I recently found out this week that the tenant has not cut the grass in three months and he is still only paying $700 a month.
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16 September 2021 | 4 replies
They focus more on safety and health issues.
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15 September 2021 | 0 replies
The irony of the investment strategy of the average American – including those who meet the definition of an accredited investor – is that the bias toward optimizing for the downstroke and safety robs one from the benefits of individual growth and setting the stage for their future self.
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16 September 2021 | 2 replies
I’ve found that no matter what I do there’s no way to cut costs in my state on a closing and maybe that’s best but it’s around $5,000 every time.
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16 September 2021 | 5 replies
Then he rents the five bedroom house as an STR that covers his mortgage and puts like $6K in his pocket each month.In fact, since you're in medical sales, you might have an edge on finding STR properties that are near hospitals or universities.
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3 October 2021 | 12 replies
Quicken wasn't going to cut it for him.
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23 September 2021 | 4 replies
if you share a home with your parents and wife, your income (and your wife's) should be able to go a bit further than if you were single or the two of your lived on your own.You were able to save enough money for a down payment on your current home, so do a quick check of your finances and see if you can earn extra income or cut expenses to save for a rental.
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16 September 2021 | 11 replies
@Sam Collins most brokerages will let you do a personal transaction as an exempt transaction, but if you make a business out of it then most likely they will want a cut of the brokerage side.