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2 June 2024 | 10 replies
On average, what percentage of revenue are going towards operating expenses?
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2 June 2024 | 13 replies
I consider myself getting that % of a discount, so I reduce expenses rather than get a passive cashflow.
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3 June 2024 | 1 reply
For bigger renovations or repairs that require specialized skills, it’s usually best to bring in a pro.
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3 June 2024 | 5 replies
Having realtors, lenders and repairmen willing to give you time and cost effective services requires the surety of more work.
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3 June 2024 | 10 replies
Last year I barely made any money after all expenses were paid.
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1 June 2024 | 4 replies
You can also reinvest into the same cash flow property to accelerate the payoff or speed up the ability to hit the required LTV to refinance and pull cash out faster.
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3 June 2024 | 7 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
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3 June 2024 | 3 replies
I can expense all the fees you mention without creating an LLC.
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3 June 2024 | 3 replies
What documents do they require, what credit scores do they allow, how do they verify previous rental history, etc.?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1692361/small_1621514819-avatar-marcusw112.jpg?twic=v1/output=image&v=2)
4 June 2024 | 3 replies
It's easy to obtain, costs very little, and doesn't require extra, on-going effort to maintain.