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23 May 2024 | 7 replies
Moreover, new built homes are underpriced with so many incentives like rate buydowns, flex cash and cash off the purchase price.
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23 May 2024 | 1 reply
I am considering purchasing a investment property to get some monthly cash flow from rent.
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23 May 2024 | 3 replies
We are purchasing a flip property in Cape May, NJÂ and the septic system may be undersized given the addition of a guest house to the property.
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23 May 2024 | 0 replies
Purchase price: $46,000 Cash invested: $38,000 Sale price: $68,000 Live in fix and flip, admittedly the cash for deposit was a gift, leaving me time to live in It and fix things up.
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23 May 2024 | 5 replies
Hello everyone, I am contemplating on purchasing another property in SLC.
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24 May 2024 | 11 replies
I am not going to proceed with the purchase as the sellers wouldn’t offer any consideration for the repair.Â
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23 May 2024 | 11 replies
My first purchase in CS was a fourplex.
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22 May 2024 | 90 replies
You simply need to claim that you didn't get or weren't satisfied with your purchase.Â
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24 May 2024 | 17 replies
I purchased my first rental property - a newer home in a high-appreciation market and neighborhood - with a business partner, and she and I have had the hardest time getting it rented.
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.