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22 April 2024 | 28 replies
If the building ever gets a $25 summons ticket from Sanitation (it happened once) we then bill it to the tenants in equal share. (1/3 each for a 3 family) and send a sternly-worded email.Re: Legal obligations - I know of no "legal" obligations to curb the trash on behalf of the Tenants that would supercede what was specifically agreed to in the Lease.
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21 April 2024 | 0 replies
My team and I are looking to partner with muti family investors around the country, whatever it looks like, we specialize in acquisitions and have been wholesaling for about 5 years, we would like to start as equality partners and bring deals to others we have systems to hit a lot of leads and experience in talking with all kind of seller's, we would love to bring vulve to others and slowly build up and eventually be full time in real estate.
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21 April 2024 | 17 replies
These loans DO meet my criteria, so I feel they are safer than many of the funds I looked at.If I'm in a state, like Texas, with great foreclosure laws, this, for me, is no more risky than buying the property for all cash at the price point equal to the loan balance.
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21 April 2024 | 6 replies
Banks are not created equal, but Credit unions are all pretty close in terms from our experience, especially those in the Philly-Allentown markets.
21 April 2024 | 29 replies
Everything. 2) Make sure you have a signed contract that is legal and thorough. 3) keep the progress payments relatively equal to the work being done....example - don't pay for tile when you're still doing framing.Go get some bids and then come back and talk to us again...
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21 April 2024 | 8 replies
This method allows you to deduct an equal amount of the cost of the property each year over its depreciable life.
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19 April 2024 | 4 replies
The lender selection is vital to a successful 203k and they area also required to select the 203k Consultant.
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25 April 2024 | 209 replies
Did well with Toll Brothers and picked them up during Covid.SEO and key-word will be vital now moving forward for "buyers agents".Picked me up some domain names also lolOne for the Columbus Cartel also heheWho wants it?
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18 April 2024 | 13 replies
I send out drip campaigns and also auto pull property vitals, financials and current owner info based on my integrations.
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18 April 2024 | 10 replies
@Jennifer TaylorSmall world, I live in Greenville SC also and invest in Multifamily properties via syndication.We do cost segregation on all our deals and typically we find an investor gets depreciation equal to 35% to 40% of the amount invested.So $300,000 invested might generate $100,000 to $120,000 in depreciation.The big question is this depreciation loss is considered a passive loss and generally can only be used to offset passive income.You need to find out whether withdrawal from an IRA is considered passive income.You need to find out can the depreciation be used to offset the income from early withdrawal?