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1 July 2024 | 4 replies
Usually, I rent my rooms for long-term rentals with a minimum 6-month lease.
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5 July 2024 | 7 replies
We had to buy a new fridge for our rental property, which cost about $1000.
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5 July 2024 | 3 replies
Have you confirmed you can use this loan on rentals?
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1 July 2024 | 7 replies
Most importantly, it's great to hear that you found value in the tools and resources we spent years putting together in an organized fashion to help newer investors both start and continue to expand their investment portfolios.
5 July 2024 | 6 replies
Creating an LLC in NY is a hassle - all sorts of nonsense about publishing in newspapers for 6 weeks, etc.I tried to research what it would take to own and operate a rental property in NY with a different state LLC.
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1 July 2024 | 2 replies
The monthly rental of a home should be 2% of the home purchase price.
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5 July 2024 | 5 replies
The programs are created for investors who buy distressed homes, repairing them and then either selling them or holding them for rental income and flipping the hard money loan to a long term DSCR loan where the rents will underwrite the loan.Program availability vary by state.
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5 July 2024 | 2 replies
The 1% is meant to represent a point where the rental is likely to just barely generate some positive cash-flow.
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30 June 2024 | 8 replies
After speaking with our banker, a title company, my accountant, legal, and others, it was determined that the insurance companies are not fond of rental owning companies doing more than just owning and managing rental properties due to liability risks.
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4 July 2024 | 18 replies
These areas are not overly regulated yet, with the most restrictions I’ve run across so far being they can only STR for 120 days a year, or the rentals have to be a month at a time.