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23 September 2021 | 5 replies
Networking in this way will also help keep you up to date on which areas are improving and you could target.Best of luck,John
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22 September 2021 | 4 replies
Improved curb appeal by adding new landscaping, siding and general clean-up of exterior.
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15 September 2021 | 2 replies
Effectively immediately you should see a significant improvement in mortgage rates on Investment Properties and Second HomesFHFA announces they are suspending certain provisions from the preferred stock purchase agreement, which caused big hits to the pricing adjustment on Investment properties and Second homes, among many other affects a.k.a higher interest rates.combined with the removal of the adverse market fee earlier this summer there is a real opportunity to refinance any investment property or second home purchased/refinanced since the summer of 2020
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15 September 2021 | 0 replies
Within 90 days of purchasing the property I was able to increase rents to $625 ($50 increase) each due to improvements made to the common area, landscaping, and any upgrades we could make while having 100% occupancy.
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20 September 2021 | 1 reply
Check out MJT Home Improvement.
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15 September 2021 | 0 replies
Found the deal, manage the property, and used investor funds to improve apartments and building.
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16 September 2021 | 4 replies
But your primary is a bad idea….1) you’d create taxable income with the rent from your primary2) improvements are capitalized /depreciated3) you’d lose your homestead exemption/protection4) you likely lose your section 121 exclusion
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16 September 2021 | 4 replies
If you were truly to get perfect tenants and they were fine with paying market rents with improvements done, a lot would depend on what kinds of improvements you are making.
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16 September 2021 | 5 replies
If you can find a slightly distressed condo to buy at a discount and improve, I think you'll be fine on a three-year timeframe.
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15 September 2021 | 1 reply
improvements/fixes from states away was a challenge