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How long do you have to be landlord to use you rental income on home loan?
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How does one determine what qualifies as "normal wear and tear" with regard to carpet? I had a tenant just move out after a 12 month lease and, while the carpets (in bedrooms) were not brand new and had a couple of s...
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I am about as green as they come, but I’m curious to know how important is the 1% rule? In my market, rent generally doesn’t exceed $1300, so does that mean any house is priced more than $130,000 aren’t viable?
Hi, We are in contract on a 3-plex in San Francisco. Will occupy one unit and rent out the other two.We are trying to lock a mortgage and wanted to see if anyone had advice on pros and cons of a fixed vs COFI based lo...
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My game plan was to rollover my 401k to a checkbook IRA LLC. But the mortgage company wanted to close fast on a short sale before I could set up the LLC, so I had to rollover my 401k to a traditional IRA and take a di...
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We have a town home in Plano at the Shops at Legacy. We are wondering what the development of Legacy West will do to our 11 year old town home in Legacy East. Legacy West is being built and we wonder : WIll it drive o...
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Investment Info:
Small multi-family (2-4 units) buy & hold investment in Westbrook.
Purchase price: $376,000
Cash invested: $20,000
4 Unit found on the MLS.
After acquisition:
Utilities were se...
How are vacation rentals performing through AirBnB, VRBO, and other prop-tech platforms? Are these properties outperforming traditional rental strategies, and if so, what type of property? I'm seeking to target rent...
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I have found a 8 unit apartment in my area . the asking price is $310,000 all units are currently rented for 600.the expenses in this property are $17678. The NOI is stated to be $40822.This sounds like a good deal bu...
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Hello BP family, I hope you are all doing amazing! I'm in the process of closing my first duplex rental property and I couldn't be more excited. The current owner uses a professional property manager which I don't wan...