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13 December 2024 | 5 replies
Im open to conventional financing or seller financing.To find properties, you can network with local agents and brokers, join local real estate investment groups, use online platforms like Zillow, Realtor.com, and Redfin, send direct mail campaigns, drive for dollars, network with property managers, and explore seller financing.Good luck!
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12 December 2024 | 6 replies
You would pay us corporate tax rate, but the retained earnings could remain in the company and not be repatriated to Canada.If you are moving to the U.S.A. and will not be keeping a presence in Canada, then once you move you should not be paying Canadian tax on your world-wide income.
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14 December 2024 | 12 replies
When talking to property managers, ask questions regarding any guarantees they offer owners and refer to any online reviews to get a better idea of how tenants and other owners feel about working with the company.
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12 December 2024 | 9 replies
@Hsin-I Hsu It depends on your long term goals, risk tolerance and earning potential.A couple of bay area sayings:  Any time you can afford to buy real estate you should. Â
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13 December 2024 | 13 replies
Quote from @Kyle Luman: I just listened to the recent BP podcast with Dr Benjamin Aaker and Dave Meyer from a couple of weeks ago.https://www.biggerpockets.com/blog/real-estate-1045There was a section where Dr Aaker talks about focusing on equity and trying to avoid cash flow since he didn't want more income presently while earning money as a physician.Â
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13 December 2024 | 5 replies
We use DealCheck to underwrite deals and QuickBooks Online for everything related to accounting and numbers.Classes allow for separate P&Ls for each property.
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17 December 2024 | 22 replies
We not only lost our hard-earned money but on top of everything, our health suffered, I had several sleepless nights due to the stress and anxiety that this horrible experience created for my wife and me.After the buy-back was completed, I approached Maverick to at least help us with our losses by requesting us to give back ~$6000.
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10 December 2024 | 14 replies
I’d say a save MINIMUM would be if you could earn that 5% return with 8 months of rent it’s better than the bank.
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12 January 2025 | 185 replies
I'm not into Sub2.In MN when using the SOS "fast-file" online system to form a LLC it states, CLEARLY but often missed by people, Single member LLC's are a disregarded entity and legally held as sole proprietor for all legal purposes.
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14 December 2024 | 13 replies
Apologize if these questions are vague, I am quite new to this.Happy to provide some of the data I have found thus far (though data online is scarce given the size of the town).Thanks!