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16 October 2024 | 25 replies
This approach helps mitigate risk, especially in a fluctuating market, by allowing you to weather potential downturns.Your strategy of going long on USD and short on AUD is intriguing, and it's smart to consider how the currency exchange dynamics will affect your investments.Regarding the Austin market, there has been notable activity in the lower end and affordable housing segments, with many buyers entering the market as they look for opportunities.
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8 October 2024 | 2 replies
We seem to be returning to the “Drive until you qualify” days, where homebuyers are forced to move further out to find affordable housing.For someone who works in Marlborough and only commutes a couple of times a week, buying a multifamily home in Worcester might seem like a smart investment.
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10 October 2024 | 16 replies
In today’s market, with rising interest rates and fewer good multifamily deals available, focusing on (SFH) might be a smart move to get started.
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9 October 2024 | 8 replies
Using a HELOC is a smart way to unlock the equity in your current home and put it to work for your next investment.
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6 October 2024 | 7 replies
You have come to the right place to begin your investing journey.Awesome board with many smart people having own suggestions and ideas to grow wealth!!
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9 October 2024 | 8 replies
2) Grace Period: 5 days- Many judges in our area frown upon no grace period- Ours is voidable if tenant is late more than 3 times in a 12-month period3) Late Fee 5% on the 6th- Our software auto-charges- We will waive for a GREAT tenant, 1 maybe 2 times annually, just like a lender may waive the occassional late fee4) Daily Late Fee: 10% per diem- Our software auto-charges- We added this years ago when a smart aleck tenant, upset that we wouldn't waive their late fee, told us they would pay the last day of the month.- Judges often throw these out:(5) Eviction Notice for Nonpayment of Rent: sent ASAP- In Michigan, it's a 7-Day Notice- Our staff bulk sends on the 6th of each month, no exceptions- Even our best tenants get them and we just tell them it's automated and they can ignore if they payRecommend you have a detailed Eviction Procedure and follow it!
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7 October 2024 | 3 replies
I’m trying to be smart with the $90k, so any advice from those who have been through something similar would be greatly appreciated!
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7 October 2024 | 2 replies
Dividing the property into separate lots and placing them in distinct LLCs is a smart move to limit liability.
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5 October 2024 | 5 replies
These platforms ensure that you obtain legally binding electronic signatures for the release of information forms as part of the application process.In practice, while some landlords might accept pay stubs at face value, your approach to verifying employment directly is prudent, especially given the ease of falsifying documents with today's technology.
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7 October 2024 | 9 replies
This implies that rather than pay the loan early, you are likely to do better putting that money in S&P or you can do far better using it to make a smart RE investment.- current f/f is around 6%.