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13 April 2024 | 2 replies
Tenant seasoning will be required for a bank refinance.
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13 April 2024 | 3 replies
I'm guessing the lender will require 6 months of insurance and taxes up front at closing for an investment property which will drive the closing costs up considerably. 3.
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12 April 2024 | 9 replies
Add in the saved time and avoided headaches and hassles of self managing, and you'll find the cost is well worth it.
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13 April 2024 | 22 replies
I would recommend that once you set your rental requirements (And if you haven't, make an actual list) do your best to STICK to them.
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11 April 2024 | 4 replies
Obviously fix and flip and BRRR is the mainstreet strategy because people seem to avoid new build and ground up construction as people say it's "expensive" but I want to hear from someone who has done it themselves.
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11 April 2024 | 6 replies
You probably already know all this, or at least should but the last paragraph under landlord must give 30+ days notice (all must end at month end more than 30 days out, not exactly 30 days.) says there are legal requirements for tenant’s to give any notice.
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11 April 2024 | 9 replies
(Yes plenty of my acquisitions are "wrecks" as you call it, and require significant expense to be made great...).
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12 April 2024 | 7 replies
After speaking with Lender, their requirement is experience doing Ground Up construction.
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13 April 2024 | 10 replies
Real estate can provide a more tangible asset and potential for rental income, but it requires more management and can be less liquid.
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12 April 2024 | 0 replies
I would definitely hire a management company if I plan to rent the property.Back up plan is to stay there two years, sell the property and avoid paying taxes.Fellow BiggerPockets community, I would love some advice on evaluating whether I should flip the property to reinvest in a bigger home or multifamily unit or rent the property with a management company?