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Looking to buy my first investment property in 2021! Wondering if anyone has a checklist or blueprint on all the things to do prior to the purchase (setting up LLC, finding a lender if needed, etc) and any tips are ap...
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One of the HOA's I am part of has a residency requirement for the board of directors. I have been looking through the CCIOA and other Colorado legal documents to see if this restriction is allowed in Colorado. I reall...
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Hi Folks,My first investment is a duplex in Oakland, CA and I'm house hacking. There's a law here in Oakland that says any income I receive from my tenants is taxed. I'm currently paying all the utilities because th...
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Currently
looking to purchase another house hack. An
example for a duplex I was looking at in Cleveland Heights recently:
List price: $330,000 Assessed value: $157,000
If
the assessed value was to automatica...
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Hey guys,Just wanted to let you know that what people are saying on here is right. YOU NEED TO HIT UP A SMALL LOCAL BANK. The loan officer told me that loans wouldn't be a problem up to $1M! after that...it would just...
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I’m trying to get an understanding of why someone would use one over the other. I have a SMLLC for my turnkey single family rentals. I’ve always read/heard/etc that LLCs are generally the preferred structure for ren...
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Referral programs, how does it work?I'm in California (I know that every state is different)Is it only for agent to agent? Or can anyone can do it?Referrals are paid once it is closed, how do I know once it is closed?...
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In Florida, are weed and grass code violation citations a good indication that the property is vacant?
Hi All,Apologies if this question has been posed before. I've long been considering "house hacking", in which I'd live in one unit of a 2-family and rent out the other unit. Ideally, the rent would cover the mortgage,...
Good afternoon i am close to closing on my first investment property but i am honest scared and unsure with the market if i should continue. The property is a 2 family hud home. My appraisal prior to the rehab being ...