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10 April 2024 | 13 replies
It takes time and requires work.
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10 April 2024 | 6 replies
Those markets are higher priced and require a lot of capital.
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8 April 2024 | 20 replies
I would have to say that the curtain rod would be easier, but if you are worried about caulking and don't want to risk water damage then the glass doors might be worth the investment.
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9 April 2024 | 2 replies
Blanket Additional Insured - It is an endorsement that normally gives Additional Insured status if it is required in a written contract2.
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10 April 2024 | 70 replies
So if I can follow this model and achieve similar-ish returns with limited amounts of work, I require a greater return than that from real estate.
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10 April 2024 | 7 replies
You can reinvest into sponsored investments or funds that don't require you to go out and personally borrow money at today's rates.As a 1031 accommodator, I'm clearly a fan of exchanging.
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10 April 2024 | 4 replies
You should put the property under an LLC Your third question is referring to the short term rental loophole, which requires 100 hours and more then anyone else of "material participation".
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10 April 2024 | 10 replies
You could do that, but it is not required and the costs likely outweigh any benefits.
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9 April 2024 | 37 replies
Exactly unintended consequences and total BS. its like throwing the baby out with the bath water. this is not good this needs to be addressed in a positive manner and like right NOW. in my mind.
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9 April 2024 | 5 replies
Net income = $39,240Monthly operating expenses are as follows: Trash - $33, Landscaping/yard - $66, Electric - tenants pay, Water - $95, Maintenance $87Monthly taxes about 3KSo, gross expenses are at $41,064If I'm doing the calculations correctly, my net operating income is -$21,888 and cap rate is -3.4%.Obviously the current numbers look terrible for this investment, but I feel like the rent should be raised significantly based on comps (above 2K each unit).