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Economic Update
(Monday, March 15, 2021)
Almost exactly one year ago, March 11, 2020, the World Health Organization declared a “Pandemic” for the first time in a hundred years. Look at all that has happened in th...
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Greetings! I am transitioning out of the military and will be moving to North Carolina with my girlfriend in May. I’m really excited but we are having a difficult time narrowing down our focus on a specific area..Is t...
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I'm hoping to capture some depreciation by doing so. Plus I look forward to 1031 exchanging it without having to wait to move out again and turning it back to a rental for a year before being able to do so. As it stan...
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backstory: bought a house in Charlotte, NC with 100% financing back in 2006, lived in it for 3+ years, became rental after that. No equity so can't sell. Property became vacant a few months ago, I now live in Clearwat...
I understand that once an investor has 4-5 mortgages, conventional financing can become a challenge.Is this the reason why certain investors, who are successful in their own right, seek partners—i.e., they need a part...
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Hello All! I just finished book 7th book of the year. I am a little behind but I have been traveling a lot and picking some pretty long books. I might have to get a few shorter ones in so I can hit my goal of 52 books...
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1. Did you buy your property as an established STR property?2. If not, how did you decide that renting as a STR would be more profitable than a LTR?
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Has anyone dealt with Direct Lending Partner? Talked to them today about their program. They offer lines of credit so you can move quickly and have a less detailed process to get funds each deal. They do have some set...
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I've been trying to get a bank short sale under contract. It's got an ARV around $220, rehab costs around $40. I put an offer in that was about 12% over asking (acceptable for this market), but still left room for p...
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I have a tenant in an out of state property which I am self managing. She put in a maintenance request through Latchel (the RentRedi maintenance management system) for a leaky pipe in the (unfinished) basement. They r...