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2 September 2024 | 0 replies
Purchase price: $124,000 Cash invested: $10,000 Single Family - good condition home What made you interested in investing in this type of deal?
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4 September 2024 | 7 replies
I would say compare terms, seasoning period requirements (Assuming when you mentioned construction loan you're talking about a rehab project), response time of your rep, learn as much about their loan underwriting and approval process as you can.
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4 September 2024 | 5 replies
These areas may offer better long-term appreciation potential.Specific Neighborhoods:Research Local Demand: Talk to current students, university housing offices, and local real estate agents to identify neighborhoods with high demand for student housing.Check University Plans: Universities sometimes have expansion plans that can affect housing demand.
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1 September 2024 | 9 replies
I am new to real estate investing and thinking of starting off by doing a "house hack" via renting out the unused basement as a short term rental (AirBNB, Vrbo etc) in my single family home which is used as primary residence.
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3 September 2024 | 14 replies
Purchase price: $485,000 Cash invested: $25,000 This is our House Hack / Airbnb that we currently live in.
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3 September 2024 | 6 replies
Need an advice.My tenant has a lease till the end of 2024.He wanted to terminate and since the end of May we agreed he will pay 3 months for termination, which he did. I found a new tenant in July. Should I pay the te...
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4 September 2024 | 3 replies
Make sure it explicitly explains the process for termination if you are unhappy with their services, especially if they violate the terms of your agreement.3.
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6 September 2024 | 11 replies
I would like to add what qualifies you are a short term rental investor that can take advantage of this "loophole" below: The short-term rental (STR) tax loophole allows property owners to classify rental income as non-passive, enabling them to take advantage of certain tax benefits even if they don't qualify for Real Estate Professional Status (REPS).
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7 September 2024 | 9 replies
Thanks a lot, what about a conventional loan, non owner occupied, putting 5%-15% down on a first multi family, how long before i can get another home?