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26 April 2024 | 44 replies
Owner occupied, meaning consumer loans, DF applies to private loans as well as institutional loans.
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26 April 2024 | 14 replies
If you follow the Kem Gardener Institute out of the U, you can track growth trends.3.
25 April 2024 | 60 replies
Quote from @Kaitlin Scutari: The lease only states how the tenant should give notice- which is 30 days- ""To give thirty days written notice by registered mail or hand delivered to management prior to vacating said premises and to permit prospective tenants the opportunity of reasonable inspection"This was the lease the former owner used- so I just adopted it and was going to implement the standard Massachusetts lease with the new signing (gotten here on Bigger Pockets).
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24 April 2024 | 3 replies
I have heard there are some local financial institutions which encourage investing in certain areas and are willing to provide some incentives.
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25 April 2024 | 6 replies
Side-question: anyone have cheaper alternatives to Proper insurance for MA?
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25 April 2024 | 11 replies
@Alison CromwellIn order to obtain a flip loan with no consistent income history, the following steps need to be undertaken: create an impressive credit score, put aside more funds as a down payment, check out new methods of getting funding besides what is available from banks or other financial institutions, involve yourself in investments with toughened entrepreneurs, show how financially sound you are by doing things such as getting enough money into savings over time through frugal living habits or accumulating valuable assets that can be readily converted into cash when required among others like developing several stable sources of income or steadily growing one.
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24 April 2024 | 14 replies
she is beachwoodbuyshouses on ig. i'm in MA and she is my CPA. she specializes in RE and is also a VERY active investor herself. she's based in long island. you don't have to use someone local.
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26 April 2024 | 145 replies
James Ma-#5 is one I haven't done yet but have concerns about idiot tenants who won't replace the battery on the smart lock and then say they can't get into the homeThe batteries in these last 2 or 3 years, so they could be replaced during yearly inspection. or each time a tenant moves.
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26 April 2024 | 52 replies
If I did the same job in Western MA, and they caught me doing it without permits, there would be a stop work order on the job.
24 April 2024 | 11 replies
Since most DSTs have institutional debt that you assume (but are not liable for - called non-recourse debt) the use os $100K of cash could purchase $400K of DST purchasing power on a DST that is 75% leveraged.