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5 August 2024 | 9 replies
Does anyone have a suggestion for a more seller friendly tool?
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7 August 2024 | 32 replies
This approach involves actively investing money to generate returns instead of letting it sit idle, potentially offering a more dynamic and rewarding financial strategy.Cardone also emphasizes, "Cash flow is king.
5 August 2024 | 11 replies
Cash for keys, while unpleasant from a moral standpoint, is often the better choice from a cost benefit analysis standpoint.
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5 August 2024 | 6 replies
Go to local meetups, or join the local REIA in Westchester, and make some connections and see where your time or skills can be used to help a more experienced investor.
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4 August 2024 | 5 replies
In my mind, if I can lower the 2nd loan amount by paying down the principal in the first 4 years, it would be a more affordable payment.
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6 August 2024 | 54 replies
This kind of data gives us a more concrete picture of the situation.Questions for discussion:- Renters: Has your landlord mentioned any of these factors when raising rent?
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9 August 2024 | 184 replies
I would think a more nuanced marketing approach where agents compensation is based on achievable results and other factors (e.g., hours committed to representation, achievement goals, discounts for properties based on price for square footage, negotiation of post escrow discounts, credit for seller/agent cooperation, transaction coordination commitment) might be more digestible for a buyer.Should be interesting to see going forward, but I do think in general, agent compensation will be less as things develop.
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4 August 2024 | 5 replies
If a legal issue arises with Property 1, only that property’s assets would be at risk, protecting the equity in Property 2 and any other properties you may own.Asset Isolation: Isolating each property in its own LLC helps protect your assets from creditors or lawsuits targeting a specific property, thereby providing a more robust legal shield.Financial Management and Bookkeeping:Regarding your concern about financial management and the practicality of handling multiple LLCs:Centralized Banking: Using a holding company’s business account and credit card can simplify your bookkeeping.
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2 August 2024 | 27 replies
A lighter floor is going to create a more comfortable environment, but it will also create a more open environment as well.For walls, I would recommend using an off-white for the majority of the space, and adding in a light beige accent wall throughout the home.
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3 August 2024 | 7 replies
Obviously you can buy a more expensive camera but a $500 camera and a decent tripod will get you going.