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26 April 2024 | 10 replies
I want to ensure my taxes are solid, since I would like to be able to qualify for a traditional mortgage next year rather than continuing to work with hard money lenders due to the rather high interest rates I deal with(I still make it work, but of course more profit to be made with a conventional mortgage).Thank you!
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24 April 2024 | 1 reply
Hello,I live in a pretty hot market, with very low vacancy rates and high property demand.
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27 April 2024 | 6 replies
Double-tapped breakers, all dishwashers did not function at all, multiple sinks and faucets actively leaked, Improperly installed flooring that had buckled, very high humidity in one units was causing moisture damage, furnaces full of drywall dust, radon systems that were not air-tight in the sump pit, and the list goes on and on.I listed just a few of what would ultimately be the longest repair request I've drafted in my career.
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24 April 2024 | 49 replies
turnkey means - you buy it with a high interest rate and high down payment, perform no value add, rent it out, and hope the HVAC doesn't go out in month 4.where or how is that 'cash flowing' right now?
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25 April 2024 | 8 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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26 April 2024 | 4 replies
. $500K for a renter-grade garage conversion is quite high.
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26 April 2024 | 4 replies
I highly recommend joining their mastermind too and doing the ongoing education.
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26 April 2024 | 3 replies
Demand is too high and supply too low!
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25 April 2024 | 2 replies
Ya that does seem high, but I do know that they went up earlier this year and they're making an effort to increase rents to compete with the all time high cash rents in the area.
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24 April 2024 | 36 replies
This will eliminate the room for error and the uncertainty of a lender's performance.