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21 February 2018 | 11 replies
I already have an existing business and units ready to be placed so if I could get 40-50 units rented it would be nice to have that income as I prepare for the larger development costs to come down the road.I hope to build a much larger pad where I will need additional permits and then eventually actual self storage buildings.
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20 February 2018 | 12 replies
I'm sure there are holes in some of them, but the goal is not to have a bulletproof means but just a means that is effective in easing the prospective tenants concern.Show tax assessors website showing who the owner of the property is and then provide ID.
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17 May 2018 | 8 replies
https://www.alpinehomeair.comGOODMAN GPC1424H412 Ton, 14 SEER Self-Contained Packaged Air Conditioner, Dedicated Horizontal$1,834.00The 2.5 ton is $1871The 3 ton is $1886I used to buy these when I lived in California.
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27 February 2018 | 6 replies
In some cities, you can actually “self certify” that it meets the standard.
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20 February 2018 | 5 replies
You'd need to set the thermostat for the central heat in a common area so that the baseboard heat doesn't effect it, but otherwise I don't see why you couldn't use the baseboard heat to bring each unit up a few degrees to the tenant's liking.
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27 March 2018 | 5 replies
Effects investment wise could be awesome if you're in the area already and it does in fact create a higher demand for housing there.
22 February 2018 | 2 replies
This is why the DST, TIC or a stand alone NNN property of your own make sense combined with the 1031.And while you're absolutely right to look deep at the actual costs and fees both entering and exiting a DST or a TIC project you can find cost effective quality returns that will rival or beat the stock market average - especially if you factor in tax savings and ongoing depreciation.The age old question on pay the tax now or pay the tax later can best be put into perspective running numbers.
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6 March 2018 | 19 replies
An investor who's buying properties with cash (and therefore doesn't have a mortgage payment) or is self-managing (and doesn't have the cost of a property manager) can and should expect more cash flow per door than someone like myself, who is leveraging my properties and hiring management to handle the day-to-day operation and tenant interaction.I would also guess that most investors have a CoC Return criteria, because it's smart business to understand what kind of return you're getting on the hard-earned money you're investing.
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26 February 2018 | 10 replies
While this allowed me to self-fund my education, it didn't provide me with the passive income stream necessary to exit the 'rat race' which is why I'm here today.
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26 March 2018 | 15 replies
If you can provide them with a service (sweat)that they cannot provide them self or with a commodity (time) that they do not have then you may have the start of a beautiful partnership.