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8 January 2022 | 14 replies
You have to determine whether a refinance makes sense to you based on how much you can pull out, the reduction in the interest rate and the fees associates with it.Refinances(especially an FHA Loan) are not cheap and a $50,000 increase in value may potentially not justify a refinance.You may want to see if you can do a HELOC instead as it will likely be cheaper.You should take advantage of the Homestead benefits since you live in the property.
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31 August 2021 | 8 replies
.), get demo estimates for the outbuildings and septic, and determine the feasibility of selling the house quickly vs paying to demo it.
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11 October 2021 | 21 replies
@Andrew KouglI never understand why people use a % of rent for determining capex.
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19 September 2021 | 14 replies
Determine the appreciate rate for your area/home over the last 20, 30 yr's.
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9 September 2021 | 2 replies
Divide the cost of painting into the cost of the siding to determine how many times you can paint until it equals.exceeds cost of siding.EXAMPLE: $500 to paint versus $5000 to side.$5000 / $500 = 10 timesIf you have to repaint every 5 years then 5 x 10 times = 50 yearsIn this example if you only plan to own for 30 years, then it would cheaper to repaint every 5 years.This is a SIMPLE example.
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1 September 2021 | 0 replies
It is to be determined if this incredible appreciation can continue.
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1 September 2021 | 6 replies
Your CPA might also recommend your llc being taxed as an S-Corp, but there are many variables that only you and your accountant will know and should know to determine the best tax strategy for you sir.
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2 September 2021 | 6 replies
The purchase for your property is the reason I constantly state that investors need to look at hundreds or thousands of properties BEFORE MAKING A PURCHASE and the investors need to do the math for every property they look at a hundred times to determine what property will give them the best profit.
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15 September 2021 | 9 replies
After that determination, we informed the tenant that we will be terminating their lease and asking them to move out completely due to their actions being a violation of the lease agreement (i.e. causing damage to the property due to gross negligence).
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22 December 2021 | 22 replies
It is not up to the debtors or their attorney but the Chapter 7 or 13 Trustee to determine.