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20 March 2024 | 7 replies
Take the back rent it will not change your house status.Then tell the tenant they must pay going forward and if they don't be quicker on filing an eviction.
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18 March 2024 | 4 replies
Hello,
I bought a duplex in california. One unit is occupied, tenants are month-to-month, tenants pay for all utilities, except water. The duplex has only one water meter. For the tenants that will occupy the empty u...
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19 March 2024 | 8 replies
@Ruth S.If you are the borrower typically your private money lender drafts the agreementsThe docs we use are standard except for the security instrument as that changes by state as some states are deed of trust and others are mortgages
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19 March 2024 | 1 reply
Stephanie,Do you and Devon ever go up to the White Mountains in North Conway.
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19 March 2024 | 6 replies
@Spencer Dixon Feel free to reach out if you ever have any questions!
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19 March 2024 | 1 reply
It was the best decision I ever made.With their expertise and my determination, we tackled those issues head-on.
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19 March 2024 | 0 replies
High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.
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20 March 2024 | 7 replies
Rates can change up to 2-3 times a day, sometimes more, depending on what the market is doing.
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20 March 2024 | 8 replies
(audience of commercial brokers) Q: How many estate agents does it take to change a lightbulb?
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19 March 2024 | 26 replies
Nothing in real estate is actually ever $0.