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10 April 2024 | 5 replies
We had a pool at one of our personal houses and went away for a week and neighbor was supposed to be taking care of pool Maintenace.
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8 April 2024 | 39 replies
HELOCs are for personal residences and CAN be underwritten by Fannie Mae.
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10 April 2024 | 3 replies
The line of credit and loan opportunities are not that good in my opinion.I have CapitalOne for my personal account and I am thinking to move there as their tech has evolve and it is at a good level with very low cost, though I haven't evaluated what are the benefits for LLCs, they have all the offerings as a bank because they are one (Mercury is not a bank, it is a tech enabling company).
10 April 2024 | 16 replies
The most suitable approach will vary based on how much risk you are willing to take, your financial status, investing goals, and personal preferences.Good luck!
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9 April 2024 | 21 replies
Try and get this in writing or at least write down the date and person that gave you this information.Good Job doing the research before committing to a property..
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9 April 2024 | 13 replies
I personally recommend Southpoint Risk in Knoxville.
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9 April 2024 | 9 replies
My personal opinion is that unless there is no other way to sell the house, subject to should only be used when BOTH parties are sophisticated investors.
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9 April 2024 | 15 replies
Personally the hot tub is only a perk if we like the house so as referenced here themed room and location win the day.hot tub is a blessing or a curse - either they are spotless or nasty and there seems to be no in between.We would never not rent a str because it did or didn't have a hot tub but if we had two similar places we would most likely book the property without the hot tub.
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9 April 2024 | 19 replies
Here's a list to give you an idea:Startup Costs:Down PaymentClosing CostsProperty InspectionAppraisal FeeProperty InsuranceInitial Repairs and RenovationsEmergency FundOngoing Expenses:Mortgage PaymentsProperty TaxesUtilitiesProperty Management FeesInsurance PremiumsMaintenance and RepairsVacancy CostsProperty DepreciationLegal and Accounting FeesRemember that these costs can vary based on factors like location, property type, and personal preferences.
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9 April 2024 | 11 replies
The only person I would seller finance to is a solid long term tenenat, who has kept the property well over the years.