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Hello BP!I am researching property management fees and just spoke with an agent who claimed property fees in the Smokey Mountain TN area (typically STR's) were typically 20-30% of rental income. This seemed wild compa...
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Hello all,First time investor here looking for some advice from the pros. Please correct me if this is the wrong forum to post.My wife and I are in a position to invest in our first investment property. We're likely ...
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Any investors looking to flip homes on long Island ny?
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Hello, I recently received an offer from someone who is willing to pay me a monthly rate higher than I am currently asking for in exchange to sublet my property as an STR. Does any have any experience with these short...
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Hello, I am wondering how many of you save on taxes. I met with a accountant and he is saying over 250k a year is at a income bracket of around 33% plus there is state tax and social security, etc. Sound like a lot ...
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I have never used this strategy on any properties I own, but am trying to learn as much as possible to see if it might make sense to incorporate this strategy throughout Oklahoma City. With that said I’m trying to le...
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Hi everyone,I’d love to get people’s opinions on my beach condo short term rental.1 bedroom, 1.5 bath. 800 square feet.All the numbers I used are taken directly from the current owners records.I made the str income $4...
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I attended a investor club last night and was talking to an investor about a deal he was working on. Here is the details as best I can remember.Vacant 3 bed 2 bath home with a $86,000 1st Mortgage that hasn't been pa...
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My husband and I are looking to buy a property in Meridian, Idaho and make it a short term rental so we can also stay there when we visit family. We currently live in California, but from what I am reading self manag...
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I hear from a fair number of folks that are ensnared by one of these two fallacies right now.The first one is the "sunk cost" fallacy. The sunk cost fallacy occurs when we feel that we have invested too much to quit....