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11 October 2024 | 4 replies
I've purchased properties before as a residence, that were in negative cash flow initially, which are doing great now.
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7 October 2024 | 9 replies
Point is cash flow (positive or negative) can be inconsequential compared to the appreciation assuming you do not need the cash flow to pay the bills - cash flow is taxed, appreciation is tax deferred and can be avoided.I put forth effort to keep my RE investment significantly leveraged.
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11 October 2024 | 4 replies
This may or may not apply, but there is a concept in the law that says if a contract is unclear that is should be interpreted in favor of the party that did not draft/initiate it.
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10 October 2024 | 23 replies
The CPA gave me my adjusted tax amount from which I could easily figure out what the tax rate would have been but my real estate made my effective amount negative and I have a carryover to next year.
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10 October 2024 | 9 replies
Hopefully this helps you with some ideas and concepts.
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13 October 2024 | 23 replies
Most doing such today, are using a VERY failed concept of thought of expecting pandemic-era type returns/appreciation.
6 October 2024 | 7 replies
So here is my scenario, please speak to if you have any experience in this and if it could work.I recently negotiated an option on a multifamily for about 50% of its current value. I have wholesaled properties like t...
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11 October 2024 | 14 replies
After two years of negative cash flow (mostly due to an expensive turnover), I decided to sell it.Guess what I did next?
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10 October 2024 | 7 replies
Will having that home on our credit negate us from being able to seek additional loans for other properties?
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10 October 2024 | 2 replies
Hey Ryan,Sorry to hear that you had a negative experience.Designated dual agency is very common in NC and in most cases allows both buyer and seller to receive the highest level of service with no conflict of interest even though they are being represented by the same Firm.