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7 July 2024 | 12 replies
I've done the numbers and they don't work as a flip nor do they work for someone to buy cash and rent it out.
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3 July 2024 | 14 replies
I said yes, and he mentioned that he would deduct the cost from the rent.
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5 July 2024 | 73 replies
If your goal is financial independence, your financial future is tied to the long-term economic outlook of the city where your investments are located.
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4 July 2024 | 18 replies
I think it’s going to continue to trend toward the Grand Haven and Traverse City type locations over the next 5-10 years.
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3 July 2024 | 1 reply
Average rent in my area is around $1100-$1300.
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9 July 2024 | 29 replies
I have multiple STRs so I have a lot of deductions (Insurance, utilities, repair, rent for arbitrage...)
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7 July 2024 | 4 replies
This was many years ago, but I was pulling in $3900 tax free for Berkeley BAH, and paying $1100/mo in rent, oh and unlike all of my classmates I wasn't going into student loan debt.
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5 July 2024 | 11 replies
Another thing you can do is keep making a couple of posts on bigger pockets in your location forum and ask for wholesalers to reach out.
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6 July 2024 | 16 replies
Make sure the renovation significantly increases value in order to support a higher rent.
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5 July 2024 | 2 replies
I definitely think it will continue, but each project will depend on the the lot and any specifics to the location.