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19 August 2024 | 244 replies
Don't ask.Show up prepared and be interested.
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13 August 2024 | 97 replies
It was added years ago to stem the flow of inexperienced investor purchases and to get investors to consider whether they are really prepared for this business.
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7 August 2024 | 1 reply
@Bethany PeysenTo expand your real estate portfolio, stay connected with agents and lenders, conduct thorough inspections, and prepare for longer closing times.
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8 August 2024 | 10 replies
A good basic course is usually the one taught as a preparation for getting a real estate license.
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9 August 2024 | 39 replies
I understand that it might be smart to have a good balance of cash in the SIDRA in preparation of something like this, but that cash sits un invested.
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7 August 2024 | 6 replies
Prepare for competitive offers by getting pre-approved, having a proof of funds letter, and being flexible.
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7 August 2024 | 8 replies
@Will B.No.. even though I normally do my own tax preparation, when it comes to depreciation recapture the IRS doesn't give you any info on how to fill it out.
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8 August 2024 | 46 replies
Of course, you can't protect yourself completely, but this will also help you prepare for buying the next properties a little better, and it's an exercise I generally do when I'm on a showing for a property I'm serious about so that I'm factoring this into my analysis to some degree in a "capex" reserve.Capital ExpenseRoofWater Heater x2All AppliancesDriveway/Parking LotBoiler x2FlooringPlumbingWindowsPaintCabinets/CountersStructure (foundation, framing)Components (garage door, etc.)
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7 August 2024 | 27 replies
Just realize that it requires many specific conditions to be met, and has much greater risk elements that you need to be prepared to potentially go wrong.
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6 August 2024 | 15 replies
As the consumer, we should be well prepared with your personal info(credit scores, dti, taxes, insurance, etc) to get a baseline estimate.