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6 December 2024 | 51 replies
My wife and I chose to write down our own rules for both our marital property and our estate, so that it doesn't go to whatever wacky CO law governs distribution of wealth.
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1 December 2024 | 5 replies
Asking in the correct forum will get a better response.Read the RULES!
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5 December 2024 | 13 replies
Call Cape Coral zoning directly to get their rules and restrictions.
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1 December 2024 | 25 replies
If you do it right, it’s arguably the best market to invest.Purchase: $80k-$130kRent: $1100-$1500 (no rent control in MI)1% rule: .9%-1.4% rule dealsCoc ROI: 5-12%Total ROI: 20-40%Cash flow: $50-$250/door (after all expenses and budgeting for maint, capex, vacancy)Appreciation: 3-10%+ (has been double digit for a decade)Location: C+, B-These numbers are based on the “sweet spot” in Metro Detroit.
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5 December 2024 | 17 replies
Its simple arithrimetic but often there is an angle and no prop is the same. 6) good beginner rule I use for myself is that for a buy and hold multi - if it needs more than 10k of work its probably not a great FIRST investment.
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5 December 2024 | 7 replies
Our focus is on cash-flowing properties, particularly multifamily properties that meet the 1% rule.
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22 December 2024 | 105 replies
Here's basic rules :If cap rate is less than 5 year yield, never invest to any commercial real estate.
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5 December 2024 | 6 replies
(no waiting period to simply refi what is owed) DSCR programs are not purchased by Fannie/Freddie so they can set their own rules and some have a waiting period as short as 3 months.
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2 December 2024 | 5 replies
Nothing in our "era" has changed these basic rules:1.
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3 December 2024 | 2 replies
Lastly, do some initial research on local STR rules and costs to prepare for discussions with your team.Building a solid team, including an agent and co-host, will set you up for success.