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4 February 2025 | 26 replies
I’d stay away from all of the people around the Multifamily Mindset they are like vultures preying on students to use them for free labor and family and friends money.
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8 January 2025 | 11 replies
Organizational Delays: Section 8 offices are often overworked and understaffed, leading to slow processing times for new tenants, delayed rent increase approvals, and poor responsiveness.Benefits of Section 8:1.Long-Term Tenants: When you get a good tenant, they usually stay for a long time because of the tedious process required to qualify for Section 8 housing.2.Consistent Income: If Section 8 covers most or all of the rent, you typically receive reliable monthly payments, reducing the risk of non-payment (as long as there isn’t a large tenant portion).3.Lower Barrier to Entry: Because properties in these areas are often more affordable, it’s a good way for new investors to break into real estate without needing a large amount of capital.Overall, I’ve seen the good and the bad of this strategy.
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8 January 2025 | 34 replies
The risk increases the further you go from home, so I'd just stay home if I were you.
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2 January 2025 | 2 replies
Its a month to month and im in a weak position even to ask the tenant to renew lease now and they seem they are willing to stay they just need a solution to the issue.
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31 December 2024 | 0 replies
We were especially thrilled to start our investing journey with a duplex, and it was even better that the tenants desired to stay and had been consistent with rent for many many years.
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4 January 2025 | 12 replies
You must give proper notice before each showing, you must give the renters the opportunity to buy the house first, and the new owner will have to honor their lease if they intend to stay.
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6 January 2025 | 13 replies
Their behavior will not get better, the longer they stay the more damage they will do to your place and erode your rapport with your neighbors.
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29 December 2024 | 10 replies
Ok yeah we are thinking of getting an investment property loan so we can stay in our current home.If we did the FHA route we are considering on living in the new property for 1 year and then moving back into our old one after the year is up.We are curious if we would get a more favorable rate if we borrowed from our home equity to buy the investment property.Do you have any idea if many investors borrow from their home equity to get started?
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17 December 2024 | 7 replies
Or stay a second year and sell tax free.
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6 January 2025 | 13 replies
I am looking to stay in the 250-350 range.