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Hello,I invested into my first home through a lease with option to purchase. The lease was for a 12 month term with 2 options to renew at 200 increases maximum each year. The option go purchase had two options to ren...
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We have a property that has been a bit tough to rent out in a steady fashion over the years.
Its due for repairs and maintenance but rent rates make it tough to spend the money at this time.
Lately we have been ge...
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Hi All,two of my rentals insurance renewal is up in February and the renewal rates are coming very high. 25% increase in premium. I didnt have any claims on these houses. any good carriers in Texas that give competiti...
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I want to raise rent for an existing tenant, how far in advance of their lease ending should I notify them of the increase? I want them to stay so I feel like telling them too far out might give them more time to look...
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Hi, whoever might see this. I'm a freshman in college and starting off as a realtor (so any money I could possibly get helps). Foreclosure.com does an annual scholarship giveaway based on the topics they want to be an...
HOA reserves is low - board cannot get a loan due to rented units over % allowable. Some options given at meeting were: 1) say approx $4000 upfront payment by unit owners, 2) installments over period of time, or 3) 2...
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I know laws vary, but in general terms is it likely possible for me to offer different rent options to tenants for an apartment complex?
For instance:
Option 1: $100 deposit and $495/mo
Option 2: No deposit and $5...
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Almost each of my properties went up by $100 a month more added to my mortgage payment due to rising property taxes (I pay my insurance and taxes through escrow).As tempted as I am to pass the expense on to my tenants...
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So I’m unsure of what I should do moving forward and am looking for some advice. I apologize in advance for the long post.Currently in the process of purchasing a small multi family (2-4) units using a VA loan. I own ...
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Option 1 – Regular Saving/ No new action
Save approximately $7,000 per month. To reach the same $90,000 would take almost 13 months of savings.
Option 2 – Cash out / Buy quickly if something is found
Cash flow incr...