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7 March 2024 | 35 replies
It's worth paying the taxes if you can earn double the cash flow!
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7 March 2024 | 3 replies
I believe the neighbor has some beef with the city, and is trying to use this issue to create a problem for the city, my friend is just the unlucky guy who gets to be collateral damage.The small town utility department doesn't have record drawings of the laterals, and they are not being too helpful.
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8 March 2024 | 12 replies
As a side note in my county we are able to find the HOA declarations and amendments on the county recorder website.
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8 March 2024 | 4 replies
Also, consider your target market and investment strategy: if maximizing appeal and property value is key, cedar might be worth the investment.
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10 March 2024 | 20 replies
I thought it was weird because they are in rural areas so I don’t really see them being “zoned commercial” as a much greater selling point when there is so much land available and it’s turning out they really are only worth the residential comps so those are going to expire with only my costs and no sales.
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8 March 2024 | 7 replies
I am a realtor in the fort worth, TX area and would just encourage you to FIND YOUR COUR 4: Brandon Turner on the BP podcast explains it like this:Your core 4 involves1.
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9 March 2024 | 9 replies
If you have credit card debt from the rehab, you're under the gun to either get it rented, or sell it (and being under the gun usually leads to poor business decisions, like renting to unqualified tenants or forced selling). ...as I always say "the best time to buy a car is when you don't need a car, and the best time to sell a house is when you don't need to sell a house" ...If renting it is too much of a hassle, and you go to sell it, you may find that it sits on the market for months (because again, sub-$100k properties are usually a very niche thing)...if you have credit card debt from the rehab, and the property isn't renting or selling, that's obviously a bad situation...It's also worth considering how much this property will rent for after the rehab.
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8 March 2024 | 14 replies
DSCR loans are based off of down payment, credit score and either actual or market rents so it helps to supercharge an investor's real estate goals and net worth.
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6 March 2024 | 25 replies
Even paid listings isn't really worth squat.
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8 March 2024 | 2 replies
I have never used, but the retail landlord I used to work for uses DashComm to allow their tenants to pay rent and report sales.https://www.phillipsedison.com/neighbors/dashcommAgain, this was not rolled out when I worked there many years ago, but I know a vast majority of their tenants have escalation clauses, NNN's, some properties have utility pass throughs that vary each month, etc.I will also say, for what it is worth, they had a full AR department that would mail out statements every month to every tenant.