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13 December 2024 | 10 replies
I planned to recommend getting the deal under an assignable contract and if you can't make the financing work try to find an investor to transfer it to for a one-time profit.
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10 December 2024 | 1 reply
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.
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11 December 2024 | 101 replies
generally speaking, a developer should build what's on their floor plans and even more so what's in their contracts.
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17 December 2024 | 14 replies
Maybe a property or two they'll do the whole comp analysis with the contracting bid and deliver it, but if you pass twice do not expect them to answer much anymore.I use wholesalers for 85% of the deals I source.
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3 December 2024 | 26 replies
Quote from @Bhushan Shinkre: Few corrections, tenant simply decided not to pay rent and took further action of asking for refund of all prior payments (legally made via Baselane), which Baselane paid out no questions asked.
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3 December 2024 | 22 replies
However, my number 1 went under contract before I could place a bid.
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7 December 2024 | 0 replies
I had an investor that was willing to put it under contract and then it nearly fell out when he asked for too much from the business owner.
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6 December 2024 | 4 replies
Is most areas, this will determine who (Marshalls Office or Sheriffs Office) will handle the situation when it comes to the eviction.Some squatters know their rights and how to finesse the legal system so be ready for that.
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7 December 2024 | 9 replies
.- Getting under contract and then reducing the price because of findings is common, but major reductions are likely to tick off the seller unless you have strong justification.
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6 December 2024 | 10 replies
If you actaully put the property under contract, the cost associated with that porpety can be taken as captial loss.Replacing countertop could also be repair.