12 July 2024 | 2 replies
I was thinking of creating an LLC (which I will do in the future but not for my first property) and renting the house to the llc for the first year.
8 July 2024 | 0 replies
Anyone out there using Rent App and, if so, any feedback on your experience to date?
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10 July 2024 | 7 replies
In my experience, good design is good business; building something with character stands out to potential tenants (increased rent) and helps lower vacancy rates.
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12 July 2024 | 7 replies
It's hard to answer without knowing this.Hi Tim Yes I am buying it as primary residence, and plan to share room on first year, and rent out entire house on the second year !
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16 July 2024 | 41 replies
in property management in Florida without a license but that gets into a grey area (negotiating rent, changing leases, security deposits, etc.. needs to be done by a licensed agent).Some other states have a property management license you need to get to do property management (different from sales) and other states have no license requirements at all.It can and is confusing going from state to state and their requirements.
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12 July 2024 | 14 replies
Yes, you might get higher rents, but will you net significantly ahead?
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8 July 2024 | 11 replies
Because of the increased rent from having 3/2 vs 3/1 of $800 per month with added rehab cost of $25k, my break even is 2.6 years.
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11 July 2024 | 6 replies
I see sponsors that are projecting rent growth that is normal in yesterday’s market but is very high compared to the actual market.
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12 July 2024 | 4 replies
The property could rent for $2,000.
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8 July 2024 | 9 replies
Hey guys, I’ve been building a portfolio for a few years of commercial and residential properties, it’s been goin great so far until I feel like I’m running out of cash to buy new ones, currently I’m flipping some properties one at a time to make money to buy more rentals, my problem is when I’m done rehabbing I feel like I want to keep them and rent them out!