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17 October 2024 | 19 replies
In FL this is a common occurrence for tenants to pay months in advance or entire lease balance upfront.
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16 October 2024 | 5 replies
All they need is balance sheet & income statement to do the tax returns.
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14 October 2024 | 14 replies
Welcome @Rebecca Morris,These are the 10 first steps I would recommend to get started in REI (real estate investing):1) Educate Yourself: Read books, take online courses, and attend seminars about real estate basics, market trends, and investment strategies.2) Set Clear Goals: Define what you want to achieve in real estate—whether it’s buying a home, investing in rental properties, or flipping houses.3) Choose Your Niche: Decide if you want to focus on residential, commercial, or industrial real estate, or perhaps a mix of these.4) Research the Market: Analyze your local real estate market.
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15 October 2024 | 9 replies
Mesa, on the other hand, offers a balance of affordability and access to job opportunities, making it a great option for investors looking to tap into a more budget-friendly market with solid returns.Pittsburgh, PA: Analyzing ReturnsIn contrast, Pittsburgh has a slightly different dynamic.
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15 October 2024 | 16 replies
Hi Theresa, would love to assist you in achieving your investment goals.
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14 October 2024 | 9 replies
As a result money spent on trying to achieve anonymity is probably the largest unnecessary expense new investors incur and when they hear someone like yourself with 26,000+ posts and impressive credentials share that you can't be traced, that's something forum readers will latch onto.
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17 October 2024 | 4 replies
In this approach, the taxpayer calculated that the cost to construct a new building (say, $300 per square foot at 2,000 square feet, totaling $600,000) should be allocated to building and the remaining balance of the acquisition should be allocated to land.Rule of thumb method: Some taxpayers use a predetermined percentage (such as 80/20 percent, 70/30 percent, etc.) for improvements and land.
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16 October 2024 | 9 replies
Finding hard money could be tough unless the ARV is crazy high as you'll be asking them to put $200k in 2nd position or to buy out the first and add $200k to the balance.
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16 October 2024 | 8 replies
Plus, if your property isn’t right on the water, the chances of it getting completely wiped out are even smaller, around 10%.And if you’re not in a flood zone, then it’s really just a matter of balancing the cost of insurance versus the potential gains in a market where people are panicking.
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17 October 2024 | 9 replies
@Dan DeGroffTo achieve a house-hacking dream in Washington, consider lender flexibility, documenting intent and income stability, applying for an investment property loan, partnering with a Washington State resident, exploring creative financing options, and considering FHA or VA loans.