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3 January 2025 | 18 replies
(You know you’re on the right track and you insure future leases end between March and July by varying the length of the new lease.)Good luck.
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14 January 2025 | 25 replies
Both approaches can work—you just have to decide what feels right based on your timeline and goals.Good luck with the closing, and feel free to reach out if you are ever looking in Indiana!
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26 January 2025 | 51 replies
If B-E are all treated straight pro rata based on equity in that class, then I am less concerned.
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13 January 2025 | 11 replies
Does anyone have any tips/ advice to help make sure my property will appraise for what I planned on based on my rehab?
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12 January 2025 | 4 replies
If you tell the IRS it is an expense, it is no longer income.W2 income does not use a 2 year average for your base pay!
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17 January 2025 | 23 replies
If the answer to the last question is yes, I think it'll be a hard choice.I see a reasonable appreciation rate for underwriting at about 6% based on neighborhood scout, so nominally I think you'll make 10-11% if you had paid cash which means I think you'll do quite well holding on (20% returns or so).
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18 January 2025 | 16 replies
It's adjustable based on size, erring on the side of generosity.
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11 January 2025 | 8 replies
Seriously, it's important.And as mentioned above, the amount of rent you receive on multi-family properties is based on 12 month rental comps.
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17 January 2025 | 19 replies
If you choose to play with fire, that is your perogative.For your reference, here is a good primer.Here is the key paragraph:Rental discrimination is when a landlord or property manager treats an applicant differently based on the applicant’s inclusion in a protected class.
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24 January 2025 | 36 replies
They use demand-based pricing like anyone else who cares about revenue.