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3 September 2021 | 3 replies
Due to my credit score, mines is variable and matches whatever the current prime rate is currently 3.25%. 5% is not bad if you can get it fixed for a period of time, maybe 10-15 years.
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3 September 2021 | 3 replies
Well, the Intent, along with the holding period will be important in order to qualify for a 1031.
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5 September 2021 | 18 replies
Here's why, and how it works:1 - Think of the Lease agreement as a contract that gives you control over the inside of the property (use of), and the Option agreement giving you control over the outside of the property.2 - The Option agreement gives you the exclusive right to buy the property for an agreed upon price, within the term period stated within the Option agreement.
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12 September 2021 | 4 replies
I look at mid west properties for cash flow vs CA properties with negative or break even cash flow and over a 10 year period, the CA property beats it each time.
6 September 2021 | 10 replies
AB-832 requires the tenant to provide the landlord a signed declaration in response to a 15-day notice to pay rent, AND to pay at least 25% of the rent owed for the period between September 2020 and September 2021 by no later than September 30, 2021.
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4 September 2021 | 2 replies
Then after a short period of time move out of one of the units and move on to the next purchase.
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10 September 2021 | 15 replies
If no children live in the house (or rental unit) then when lead is present I am not sure if it has to be removed, but if a grandmother lives in the house and her grandchildren visit her for even short periods then the lead has to be removed.
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10 September 2021 | 44 replies
The money follows the child, period, to any school that will accept that money and not a cent more.
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10 September 2021 | 7 replies
In my opinion, Manchester has some rougher neighborhoods that might create some management challenges, and the city also requires you to get and periodically renew a Certificate of Compliance for each multifamily that is being rented out.
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14 September 2021 | 18 replies
You need to create a spreadsheet either on the old-fashioned spreadsheet paper, with Excel.You need to calculate the profits for hundreds or thousands of properties to determine what your profits will be based on many things I am not going to list because I am on prescribed narcotic, but some of them start with purchase price, rental income profits after all expenses, profits earned from your tenant's help paying down your mortgage, the amount you will earn from expected appreciation (but you can't believe one word anyone tells you about how a property will appreciate, the other 10 or 20 things my brain can't think of and my next most-important thing you (nobody else can or will do this for you).You never estimate how much you earn on a property by listening to anyone because the numbers almost never look pleasant during the period the property is for sale.