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9 March 2024 | 23 replies
The table didn't include the "organizational cost" or the management fee, but in the "Confidential Private Placement Memo (50 pages) : they listed it as $35,000 and $15,000 respectively.
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10 March 2024 | 3 replies
As part of my current situation, a nice lead generating platform is included in my MLS dues so I would like to keep that.
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12 March 2024 | 168 replies
@Craig J Chelette it's hard but not impossible :) I just closed on a duplex in June for 300k (in Provo) , put 10% down with no PMI.mortgage, taxes and insurance $16073% vacancy (vacancy is almost nonexistent in Provo but I wanted to be conservative) $695% repairs (bought the home with everything remodeled) $1158% cap ex $184I did not include PM because I will be managing it myself BUT every property from here on out that I analyze will include 9% PM.$50 other expenses (google fiber)gross monthly rent $2300 (1400 up and 900 down)cash flow $274.39 with a CoC return of 9.27%My realtor found it on KSL - it wasn't even listed on the MLS.
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9 March 2024 | 11 replies
I reside in Minnesota, and do not see anything that prohibits from having tenants sign an addendum but maybe some people can weigh in on this and if its a good idea to include or not?
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9 March 2024 | 1 reply
You have to factor in closing costs for yourself and the investor.
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10 March 2024 | 9 replies
It's full of practical advice on how to manage an investment, and it includes summaries of your specific state laws, and it tells you exactly where to go to read the law for yourself.Devour the book.
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9 March 2024 | 8 replies
Although It really does depend on how much competition you are dealing with & what you are trying to get for rent, among several other factors .
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9 March 2024 | 10 replies
The determining factor will be line of site and distance from any road you're coming off of, as to where they will allow you to put a road.
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10 March 2024 | 3 replies
Common fees will include a set-up fee, a leasing fee for each turnover or a lease renewal fee, marking up maintenance, retaining late fees, and more.
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11 March 2024 | 16 replies
Ie: if the lease (including m2m with proper notice) is expired, there's little to dispute.)