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21 January 2025 | 20 replies
I don't know of any top producing agents who are with discount brokers.
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16 January 2025 | 6 replies
Closing costs, necessary cash reserves, and the expenses to get a property market ready are more than most first time investors think.I have nothing to sell and would be happy to help if you think that I can be a resource.
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14 January 2025 | 9 replies
These are the top three features I always keep in mind when evaluating a potential property:1️⃣ Location Matters: Properties near attractions, with great walkability, or offering something unique—like a waterfront or mountain view—tend to perform better.
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11 January 2025 | 2 replies
BiggerPockets is full of resources designed to help you along your journey, whether you are just getting started or a seasoned investor.
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12 January 2025 | 5 replies
Happy to send over some resources regarding the Columbus Ohio market and why it's a great market to invest into!
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12 January 2025 | 7 replies
If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.
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12 January 2025 | 23 replies
The $200k financing would serve as a purpose to be a downpayment, or do you want the $200k to be the top limit of the investment?
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9 January 2025 | 10 replies
Happy to send over some resources regarding the Columbus Ohio market and why it's a great market to invest into.
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15 January 2025 | 18 replies
If you kept the property, and accumulated the CF/yr, it would take you 25 years to get that same equity that's sitting, frozen in your property.Also, if you cashed out and used that same equity as a DP on different RE, at 20% DP, that equity would buy you $2M in PV, not just $700k,...and, I'd be willing to bet, you could find new RE that would have a yearly CF well over $20k/year.On top of that (remembering my initial statement above), any appreciation applied would be applied to $2M, not just $700k.
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16 January 2025 | 1 reply
There are neighborhoods such as Olivia Beach that allow STR usages outright as well as pockets with specific Commercial Tourist Zoning that are not subject to a waitlist.The other major change to a top STR destination was in Rockaway Beach Oregon.