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We are VERY new to this; we will be leasing out the home we have lived in for eight years and this will be our first rental. Is it general knowledge among renters what is typically expected to lease a property? For in...
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In July 2014 I bought a 200+ unit deal in Dallas, TX for $6 million and at closing the property appraised at $7.4 million.The deal was off-market and I located by doing a strategic direct mail campaign.This was a toug...
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Today I close on my first property. Yay! A two family here in Massachusetts. Tenants are paying way below market rent. How do I go about increasing rent if is already the end of the month? They don’t have a lease in p...
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I just went under contract on a multi family property. The current tenants have been there for years. The current landlord has let the tenants run the show. There are numerous lease violations. I have no...
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I have a retirement account from my previous employer that I wish to use to fund a deal that I currently have under contract. My question is with the CARES act am I able to withdraw that money penalty free and if I pu...
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On Wednesday evening I get a text from one of my favorite tenants up until now that there's some cracking in some of the drywall in the ceiling. No big deal as long as there's no damage to the roof I think, as this is...
I have a prospective tenant who would like to move in as soon as possible.Rent: $1200/month for two bedroom unit. Prospective Tenant:She’s a single mother of two children who wants to move into the property as soon as...
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TLDR: Lesson Learned: If you are buying a property to house hack and the unit you intend to move into is occupied with tenants and collecting rent after closing, then for tax purposes, it will be considered a short te...
I just signed a contract for a foreclosed duplex at Norfolk, VA using my VA Loan. It's going to be my very first investment and it'll allow me to have the other side pay for my mortgage while me and my wife live in it...
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New Horizons REG Business PlanMisson Statement: New Horizon Real Estate Group will be established to form a profitable and sustainable business model in Real Estate Investing. New Horizons REG will have 3 areas of ma...