14 September 2017 | 8 replies
I increased the maintenance and repairs numbers to account for any possible deferred maintenance.
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19 September 2017 | 8 replies
My attorney was a little suspect at why they would be willing to do this, and said I may have issues on my resale if not at the same title company, or by any future seller after me- but that my liability would be limited to the increase in value above the amount of my policy.
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22 September 2017 | 9 replies
-depending on sale price, cap rate will be in the 8.8%-9.3% range(rent increases each year).
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14 September 2017 | 6 replies
If you want to introduce new rules or increase rents etc. they can simply withhold the rents and you go bankrupt.Not a good investment risk.
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16 September 2017 | 6 replies
There's nothing complicated about our LLC, it's a simple 50/50 partnership.
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14 September 2017 | 2 replies
If they are, you'll be restricted on increasing income and may even have to lower your rents if the utility allowances increase from year to year.Just a few things to consider.
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15 September 2017 | 2 replies
Plus comparing that to investing in stocks.Based on what you just said, let's say the property increase by 10% every year.
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15 September 2017 | 10 replies
Unless you create one site/branding per property, that sells with the property, which increases the required effort, but then not all buyers are interested in STR.
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16 September 2017 | 15 replies
If you took that extra money you were paying down your mortgage with and invested it elsewhere, you should (hypothetically) be increasing your net worth much quicker.In regards to general savings, I have roughly 2/3 in the market and 1/3 in a savings account earning 1.3%.
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17 September 2017 | 4 replies
Pretty simple exercise to see what comp rent rates are for the area, that will tell you if the numbers are way out of line or not.