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20 June 2024 | 6 replies
Hi,I have a rental property that I bought in 2018 in Indiana.
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20 June 2024 | 6 replies
First, for a rental, should we just go with very basic cabinetry, perhaps from IKEA or is there anything particular we should watch out for or look to get?
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19 June 2024 | 5 replies
This is not related to rental property.
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19 June 2024 | 7 replies
Can the time you spend learning about Rental Property count as managing your rental property?
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20 June 2024 | 0 replies
Purchase price: $49,000 Cash invested: $3,000 We purchased 5 acres with no deed restrictions or HOA and continue to build out rentals/lots on the property.
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20 June 2024 | 3 replies
MTR is great, but there will be long "orphan" periods in between bookings, which leads to lost revenue.My advice, stick to areas that are more STR friendly and blend the rental strategy for maximum income.
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20 June 2024 | 1 reply
This should eliminate the homeowner (1) selling a property while remaining liable for the note (subject to), (2) tying up his property with a “buyer” who has no intent to close unless he finds someone to pay a higher price (wholesaler), (3) paying above market rental for an option to buy that can never be exercised (4) purchasing a property from a fix n flipper who did shoddy rehab, (5) purchasing a property with nebulous legal title, (6) contracting for home improvement with a fly by night contractor who then puts a mechanics lien on the property and (7) “listing” with a wholesaler disguised as a Realtor who doesn’t put the home on MLS.
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21 June 2024 | 11 replies
I would not charge install fee.I have one rental property for about half a year no so I haven't had to deal with any move out procedures or getting a place "rent ready" since my house hack is a new build but how did you create your "move out instructions" and are you supposed to paint the whole inside every time a tenant moves out?
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17 June 2024 | 2 replies
I have a rental property out of state and will be renovating after the tenant vacates this year.
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19 June 2024 | 11 replies
Personally, I think the taxes are high and the services you get for your taxes low there.I know people that invest in Detroit but you must know the area down to the street and have excellent property management.However, I just talked to my CPA today about a referral he was sending me who is a client of his that has 30 rental properties in Detroit and selling them all because the City doesn't really help, charges for everything, and they never have given a security deposit back to a tenant after they stayed because of their behavior or lack of payment.