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14 January 2025 | 19 replies
I know the founder and know that they've set out to build a platform that takes the best features of sites like Furnished Finder and Airbnb and leaves out the clunkiness and annoying policies and practices.
16 January 2025 | 1 reply
I’ve watched a lot of videos on how to screen and how to set up work with contractors, so I’m hopeful to build those relationships more in this area in the future.Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
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21 January 2025 | 59 replies
$120,000/0.06 equals $2,000,000.So in my mind the target should NOT be cash flow but rather building net worth.Despite what the gurus say, sufficient cash flow to be financially free can only come once one has sufficient capital to invest.Let’s be clear I only buy apartment propeties that cash flow but immediate cash flow to put spendable dollars in my pocket is NOT the primary goal.
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14 January 2025 | 25 replies
Payouts would have to be set up from the sellers primary Airbnb account and you would want a contract written.
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15 January 2025 | 49 replies
If not, please PM me the email address associated with your your Stessa account and I will work with Stessa directly to get you set up.
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18 January 2025 | 19 replies
@Nicholas Stout S8 rents are set by the number of bedrooms, that's pretty much it.The HUD guides are just that - guides!
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18 February 2025 | 16 replies
In addition, there are many tax advantages to owning real estate that could off set your taxable income.
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14 January 2025 | 19 replies
These can be great for making initial connections and learning about specific markets.Since you're thinking long-term, consider spending some time in your target markets to build relationships with agents, property managers, and contractors.
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23 January 2025 | 7 replies
FYI I do have plenty of reserves for my other units already, but would like to keep each property separate.My question is, where should I draw funds from to pay the least amount in penalties, taxes, loan interest, etc. from the following sources I have available:- 20 year 401k loan for a property- Sell a piece of my stock portfolio at 15% capital gains tax- Take a HELOC against an existing property- Private money loan from a trusted partner I have worked with beforeAlternatively, I could pool the reserves for all my properties to ensure I can cover anything immediate and know that I could always sell off a piece of my stock portfolio if needed and have the funds within 3 business days or set up a HELOC and only draw from it if needed.Appreciate any thoughts or what you have done in the past.
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11 January 2025 | 49 replies
In setting up the platform I have connected with someone local in the area and that will be my 1st point of contact and I could share his info for you to reach out.