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28 December 2024 | 11 replies
Also, consider this copy & paste advice below:Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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26 December 2024 | 7 replies
These areas tend to attract more reliable, long-term tenants who are usually more financially stable and take better care of the property.
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2 January 2025 | 53 replies
Was everything ok at the end or did it end you financially?
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28 December 2024 | 13 replies
They appear to have run into liquidity and cash flow issues currently and worst of all have gone dark and not shared any of the requested financial information.
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24 December 2024 | 2 replies
While I haven't personally experienced any negative impacts from this fraudulent listing, I'm concerned that it could mislead potential renters and cause them financial distress.
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24 December 2024 | 14 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.
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29 December 2024 | 12 replies
I'm glad I said I had to talk it over with my financial advisors. :)
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27 December 2024 | 27 replies
One of the biggest challenges of investing in Rustbelt cities is knowing where to invest and properly understanding the cooresponding pros & cons.Here's copy & paste advice we share to help to address this challenge:-------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a Class A property in Class D area, what quality of tenant will you get?
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24 December 2024 | 2 replies
Our established process provided the financial backing to secure the property, enabling Debra to focus on the resale strategy.
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23 December 2024 | 10 replies
If you need financial help, ask under the "Finance, Tax, and Legal" forum.