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I got a call last night from the fire Department, they were called by my tenant because his smoke/carbon monoxide detector was going off. Turns out the dial in the on gas stove is junk. Scary thought.. Makes me think ...
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My renters are not running the Sprinkler System, maybe as a cost savings. When I bought the house (as a owner occupant) I was told that the system needed to run periodically in the Dallas area to help the foundation....
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I learned a very important lesson. When you buy a out of state rental property turn on the AC or heater on as soon as you take possession of property. The temperature in the property should be maintained between 60-68...
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Hi everyone,What a wonderful community! Really excited to be a member and meet other investors =)I'd love your take on how a calculation gets from CFBT to CFAT. I've found it difficult to find a good explanation of ho...
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this will be my first meeting I have set up with a prospected client looking to sell there home. this is a client that has inherited a home from a family member that has past away. any advise on how to enhance my chan...
I have an opportunity to bid (by 5pm today) on an HOA foreclosed property as a post-auction owner-occupier. Do I proceed? Here are the problems:
1). The foreclosed owner has 45 days to redeem the property by paying a...
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I just went through a (mildly) bad experience with Section 8. I had planned on renting out a unit to a Section 8 tenant, but when the inspector came they gave me a list of about 30 different things that I had to repa...
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Originally I wasnt going to worry until we close in two weeks hopefully. First, the #'s on the duplexTax assessed value- $175000Appraised value- $163400Purchase~ $156000The reason I'm asking now is if we close and the...
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What’s the best bank, local or otherwise, to start a credit relationship with? For context, I have a landscape design company, that services both residential and commercial properties, no overhead, and all of my jobs ...
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I am looking to do my first 1031 exchange. My property is here where I live in Southern California. I plan on purchasing in IN or Ohio so does it matter which state I hire the company/person to handle this transacti...