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30 September 2016 | 12 replies
Properties are generally much cheaper relative to the rent they pull in, than in NY.3) Lower fixed costs - lower real estate taxes for starters relative to your rent roll, etc.4) Lower variable costs - labor is A LOT cheaper here. 5) Less stringent code enforcement.6) Less maintenance - milder weather, and younger average age of homes make for less maintenance. 7) Diversification - low entry price to buy property allows and investor to manage risk by buying properties in different neighborhoods instead of putting more eggs in one basket.In additional to the benefits I listed above the city is growing so fast that homes rent very quickly, often times before the sale of the home.
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1 October 2016 | 10 replies
Additionally, I do think i may have found a potential source for this data - Rebogateway.
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29 September 2016 | 0 replies
If necessary, I would potentially use any other income sources to speed up, stay on target or address pain points.I'm suggesting a 10 year time frame as a ball park because I will use any additional income to speed this process along.
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16 October 2016 | 8 replies
Hey everyone, I'm new to the forum and wanted to take a moment to introduce myself.I run a small analytics consulting business in Boston, and develop data science courses for several online education platforms.I'm interested in real estate investing as a means of diversifying my portfolio and providing additional streams of passive income.
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1 October 2016 | 12 replies
My gf is also and interior designer and flipping is an avenue that we wish to explore as well.
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9 January 2017 | 9 replies
Banks will be Leary of financing a property that needs work and hard money lenders wil not loan to homeowners because of the additional regulations.
11 October 2016 | 15 replies
If you buy a partner out you will not either except the addition of the new basis.
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4 October 2016 | 5 replies
If you are already zoned for multi-family, then adding an additional unit should be as simple as completing what some communities call a change of use form.
4 October 2016 | 4 replies
@James Carpenter, along the lines of finding a "good few" as mentioned above, in addition to networking personally at the REIA meetings, I would network with investor-friendly title companies.
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5 October 2016 | 10 replies
We include the snow blowing in the rental contracts and just figure that average cost...add it to the rent.