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23 April 2024 | 16 replies
For a small one (say under $15,000 in repairs), you can probably get away with handyman/vendors/etc.
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24 April 2024 | 19 replies
Sometimes you get away with it and sometimes you do not but it is risk.
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22 April 2024 | 17 replies
Yes, of course, you can probably get away with doing more shady things, BUT you will eventually get that ONE tenant who fights back and then the consequences could be significant. 4.
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22 April 2024 | 5 replies
The key is to build a well-rounded team where each member plays to their strengths and works together seamlessly to identify, analyze, acquire, operate, and raise capital for profitable multifamily investments.ConclusionMultifamily syndication is a team sport, and the most successful syndicators understand the importance of building a diverse and complementary team.
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22 April 2024 | 14 replies
Made up nice round numbers, and yeah these are extreme just to highlight the concept:MLM tenant: 8% cap is appropriate based on comps, paying $100k/yr. $100k / 8% = $1.25m.Dentist: 7% cap is appropriate based on comps, paying $100k/yr.
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21 April 2024 | 9 replies
If you don't, you'll get hit with blight tickets that will cost you even more.
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21 April 2024 | 17 replies
. - Has good liquidity - 1 year lockup or lessThis is always a topic of discussion, and what we have found is investors who care about the lockup will use that as a reason not to invest, but our biggest ticket investors want the lockup.
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19 April 2024 | 4 replies
There are two companies and split about 60/40 across them.1) My dad has been using his HELOC but it's a bit of a mess on accounting, so I'd like to get away from that.
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19 April 2024 | 2 replies
My first round of credit repair will be done around May 6, My score should be more then decent from what I spoke of it previously.
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19 April 2024 | 15 replies
They provide peace of mind knowing that your taxes are prepared correctly and can defend your filings if questioned.Benefits of a CPA for High-Income IndividualsTax Planning: CPAs do more than just prepare your taxes; they can offer year-round tax planning advice to help reduce your tax liability through strategic decisions about investments, deductions, and other financial moves.Customized Advice: A CPA can provide tailored advice based on your specific financial goals and life situation, such as planning for a child’s education, buying or selling real estate, or planning for retirement.Decision FactorsCost vs.