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28 June 2024 | 12 replies
But if you think "LLC filing" is complex, then neither is a good option for you.
26 June 2024 | 1 reply
If so, then start running the numbers to see if you could do better if you bought a house.
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26 June 2024 | 1 reply
I'd recommend building up a base of knowledge, then using the bootcamp to take actionable steps. good luck!
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27 June 2024 | 14 replies
I have a team here that is growing and is able to cover all needsDepend of your risk tolerance, in your case I would start at least the first one in your area to learn little bit more and then I would think on out of state investment
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26 June 2024 | 2 replies
For example, if the previous last month's rent was $1,000 and the new rent is $1,100, you would request an additional $100 to cover the increase.Update the Agreement: Ensure that the lease renewal includes a clause that reflects the new last month's rent amount.Refund and Repay:Refund the Previous Deposit: You can return the last month's rent from the previous lease to the tenant.Collect New Last Month's Rent: Then, collect the new last month's rent at the increased rate as part of the lease renewal process.Steps to Take:Review Your Lease Agreement: Check the current lease agreement to see if there are any specific clauses regarding the adjustment of last month's rent upon renewal.Communicate with Your Tenant: Inform your tenant about the rent increase and how it affects the last month's rent.
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26 June 2024 | 32 replies
Purchasing the right home every 2 years, then renting it out to someone and purchasing a new home.
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26 June 2024 | 17 replies
Someone could have bad credit, but good landlord references, strong income or employment history, etc.I score based on a variety of criteria, determine the level of risk, and then charge a higher deposit to offset that risk.
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26 June 2024 | 18 replies
So then I’ll have two rentals: 1 in Coopersburg, Pa and the other one in Quakertown, Pa.
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27 June 2024 | 8 replies
It is true that does not apply to investment property, but what happened was that first time home buyers that did not qualify for a home loan were trying to circumvent that Dodd Frank rule by saying "oh, this is a rental property" (wink wink) and then move into it...basically creating a no-income verification loan.
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27 June 2024 | 4 replies
That said, I would strongly advise that you get a lawyer involved, or at a minimum a licensed Realtor (you mention "brokering" the deal, and that you are a SWE for Google, but not that you are a licensed Realtor...if you are then disregard that last part).