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11 October 2024 | 3 replies
Tesla's expanding footprint in the area in recent years has made Central Texas a hub for the electric vehicle industry.Examples of the biggest recent projects in the Tesla sphere are: the company itself taking more than 1 million square feet at Kyle/35 Logistics Park; supplier US Farathane Corp. taking an entire 410,000-square-foot building in Georgetown; and Hanwha Advanced Materials LLC building a $100 million, 200,000-square-foot advanced high-tech manufacturing facility near Georgetown.
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13 October 2024 | 16 replies
I live in FL and dating one of the biggest brokers in S Fl, she agrees as well.
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11 October 2024 | 4 replies
Whether it be a real estate deal or a note deal, we always determine multiple exit strategies and what the downside risk is before making an offer.
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16 October 2024 | 13 replies
Over time, Section 8 rents did not keep up with market rents for my properties, so I slowly converted them to market tenants.Pros of Section 8:You are likely to have families as tenants, so it is more common to have long-term tenants.These are lifelong renters, so you don't get calls for stupid stuff that really should be tenant's responsibility.Most are used to slum lords, so simply being responsive builds huge amounts of goodwill to you.Cons:the biggest one, for me, was the annual inspections.
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10 October 2024 | 7 replies
The downside of trying to get a mortgage after you have a rental is that you can't walk into any bank because they do not understand how to calculate DTI correctly.
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11 October 2024 | 13 replies
That being said, Zillow is also the primary site in my market for rental searches, especially SFRs, so I have no shortage of tenants seeing my listing when it is available.The one downside, which is minimal, is even though the tenant pays rent through Zillow on first, and I get a notice that rent was paid, it can take 5-ish days to arrive in my bank account.
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9 October 2024 | 3 replies
There is no downside to using a special warranty deed instead of the quitclaim deed.
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16 October 2024 | 25 replies
This is one of their biggest advantages as they often bypass the personal liability and credit reporting of traditional loans.
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9 October 2024 | 2 replies
Downside would be restrictions of use due to HOA.
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13 October 2024 | 19 replies
My biggest piece of advice is to get a killer rental agreement/lease for Cook County.