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5 January 2025 | 10 replies
If you are very conservative purchase a fixer upper so you can force equity and hopefully have a low enough payment so that you can LTR the property or even sell for profit should the STR avenue not work.
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31 December 2024 | 15 replies
DA 20-25k profit at that price point is good for your first flip with any mistakes and overages.
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4 January 2025 | 11 replies
You could overwhelm your tax assessor with love by simply filing an appeal every year.
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21 January 2025 | 31 replies
I'm trying to make a decision between the two and I wonder if it simply depends on which rep employee you are assigned to in each business, and their experience.
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5 January 2025 | 12 replies
In the current market, it's pretty much impossible to have any positive cash flow in the 2-4 unit space with long term rentals, unless you're putting ~40-50% down, not only focused on the cash flow per se, but rather simply not being in the negative.
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9 January 2025 | 18 replies
If you are consistent with these action items you will avoid most claims, your business will be more profitable, operate more efficiently and if a claim were to arise you will have all your ducks in a row.
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3 January 2025 | 12 replies
I also know finding a quadplex as a first property in Orange County isn’t going to be easy, but I’m open to hearing people’s thoughts.My goal isn’t to turn a profit right away—I know properties here might not have positive cash flow for a few years.
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2 January 2025 | 9 replies
So, in reality every month your moving close and closer to sucking out months/years of profits via items aging out, cap-x coming to bear.
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2 January 2025 | 3 replies
Ultimately, a “win-win” keeps your tenant profitable while ensuring you’re not underpricing your asset.As for notice periods, definitely check your local regs, from what I’ve heard.
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4 January 2025 | 35 replies
Rent probably around 1400-1500/month depending on finishes and exact location.The number simply don't work well in Huntsville right now.