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We are debating between and LTR and STR in orange county CA. I noticed that rents for LTR are pretty high but still will not be enough for positive cash flow. STR looks like an attractive option but I am a novice in t...
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An ugly headline, an even uglier reality. Rental Debt is estimated at $25 Billion (Source: Stout, a global investment bank/advisor). Housing subsidies included in Covid Relief Legislation will not come near resolving...
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After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
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More markets are creating "Good Cause Eviction" laws designed to protect tenants from unfair evictions. Essentially, the landlord can only evict if the tenant violates specific requirements.What do you think? Are they...
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So I got a visit from code enforcement at my latest duplex in Pasco county florida today. I was not there, but they left a "courtesy notice" that says I need to get a permit to rent out a duplex. I never heard of this...
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I just came across this in an newsletter I get. It centers around a law that has already passed the US Congress and is about to be voted on by the senate--- HR1728. It will most likely KILL the owner financing option ...
How do you avoid being accused discrimination when screening and turning down applicants for your rental? What are the best practices and methods to protect yourself as a landlord? Specifically in upstate New York.
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How should I underwrite tax increase post acquisition? The sales price is 2x the current appraised value of the property. I'm afraid that the next time county assess the property, property tax will double. What should...
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Apparently its made news headlines today that Aibnb is blocking landlords from activating listings that are on locations that have evicted tenants due to non payment during COVID. This is a PR move to gain users b...
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I own my home outright, which is worth around $300K, or probably a little more. I've lived here for 13 years, and paid it off about 3 years ago. Ideally I'd like a 20% or 25% HELOC, although I don't have need of that ...