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3 December 2018 | 8 replies
Renting out rooms is fine, there are laws that permit how many people can live under 1 dwelling but if its 1 person per room it should be fine as long as room has Windows and a closet..If you're planning to do Airbnb NYC has new requirements that will take affect soon..Also keep in mind when renting out rooms in some markets Utilities are included in rent..
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21 September 2018 | 3 replies
I don't know you'll be getting financing for your purchase, but unless your LLC is seasoned and a going concern you'll have a very tough time getting a lender to make a loan to the LLC.
23 September 2018 | 26 replies
or that person gets canned and a new one takes over on a house with 60 DOM and a big price differential.
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21 September 2018 | 7 replies
For us, knock on wood, that's all you can do there and as long as your insurance doesn't kick you to the curb, you'll be fine.Biggest common risk I hear about is bad tenants ripping your places up and sucking away your time and equity.
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20 September 2018 | 0 replies
Check the market out of curiosity and gpu d out we have an ARV of $190,000So as of today our home has been on the market for a month and a few days and we are hoping to realize some equity capture!
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21 September 2018 | 2 replies
The neighborhood is 15-20 minutes, walking distance, from a wal-mart and a ton of other business, i.e.
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21 September 2018 | 0 replies
I guess within a few years of appreciation, raising rents, and a refi(brrrr) i should be fine.
22 September 2018 | 1 reply
I understand the roof and A/C are fairly new.
1 March 2019 | 15 replies
You would have a lease agreement and a separate option agreement with the original seller and you would have a lease agreement and a separate option agreement with the new buyer.
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21 September 2018 | 8 replies
You have nothing to gain from an appraisal and a lot to lose.