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7 May 2019 | 4 replies
AKA the actual rate of return on a property you are feeding will generally be poor and you would be better off with a better cash flowing rental or in the stock market.Of course, if you found a great appreciating market or structured the debt to be shorter term, feeding a rental could work out well.
23 May 2019 | 16 replies
At a minimum, you need to verify their identity and their criminal record.I generally combine their income to meet my standard of 3x the rent but if there are three or more unrelated people renting together than I require each individual to make a minimum 2x the rent.
25 April 2019 | 10 replies
I used about everything that was suggested on the internet: Vinegar, Peroxide, baking soda, bleach, combination of peroxide and baking soda, mouth wash.
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24 April 2019 | 2 replies
If not what are you figuring for debt service?
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24 April 2019 | 7 replies
They will look for experience though, as well as your debt to income ratio, W-2 income, and any other assets you may have.
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25 April 2019 | 2 replies
How much and what kind of debt do I have?
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25 April 2019 | 2 replies
However, banks can call the note in times of extreme circumstances so be aware of the risk and conservative in your debt management, liquidity, etc.
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25 April 2019 | 4 replies
Your total assessed value is based on the combination of the two.
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24 April 2019 | 4 replies
You are young, park a camper on your land for 6 months or so and use the saving from rent to pay off debt or save itthen start looking at investment property
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24 April 2019 | 3 replies
@Lingo LinThis is a good question for your accountant.Maybe you shouldn't structure it as how can you pay zero taxes but should be like "how can I pay less taxes".It really depends on many factors including how well your business is doing, can it be combined with the real estate business, are you alreadying putting money into retirement accounts, are you accelerating your depreciation, etc.