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24 September 2018 | 2 replies
I’ve found a few that are already tenant occupied and I only analyze them if I see that the 1% or greater principle applies.
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25 September 2018 | 4 replies
Except that no exemption applies to any real estate licensee.In other words, these things really do vary by locale.
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3 October 2018 | 8 replies
If you insist, you will want to talk with the park owner before proceeding as they make the rules there and will have the power to approve or deny your prospective tenants.
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28 September 2018 | 8 replies
Books/audibles that have helped get the mindset and technicalities at this point are:Long Distance Real Estate Investing by @David Greene How to Win Friends and Influence People 12 Rules to LifeRich Dad Poor Dad Think and Grow Rich [GAME CHANGER]Might I add that I was never much of a reader...?!
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28 September 2018 | 11 replies
It's much easier to find good rental homes in major cities where you can find decent homes for ~$80-$100k that follow the 1% rule for rent and can cashflow.
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11 October 2018 | 4 replies
To my knowledge, the changes did nothing to allow private lenders to loan on owner-occupied residential properties and the rules for covered mortgages are still in force.
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26 September 2018 | 2 replies
Work appears professional, getting good deal and hitting my rental numbers, slightly over 1% rule for rent, good blue collar working neighborhood, solid C area.
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23 July 2018 | 2 replies
In fact, I think it helps in terms building relationships with banks when you open accounts with them, especially when you are ready to apply for lines of credit or commercial lending.
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24 July 2018 | 2 replies
The exemption does not currently apply to 4-plexes either, and I really doubt that that's going to change...
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24 July 2018 | 8 replies
That is the “When ‘1% isn’t 1%’ Rule”