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16 December 2024 | 21 replies
There is alot to take in at first but once you get a handle on it, it can be smooth sailing mostly.
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19 December 2024 | 12 replies
These expenses can create a paper loss, which may offset other passive income or carry forward to future years.If you qualify for Real Estate Professional Status (REPS) or actively manage a Short-Term Rental (STR), the losses can be applied against your active W-2 or business income, reducing your overall tax liability.
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18 December 2024 | 12 replies
A strong professional relationship should be able to handle honest communication!
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17 December 2024 | 12 replies
Build a reliable team on the ground, plan occasional visits, and trust your general contractor to handle the day-to-day.
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17 December 2024 | 5 replies
I will check to see if they handle Wholesalers.
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16 December 2024 | 8 replies
I'm not 100% committed either way between the income benefits of multifamily vs. the reduced headaches of SFH tenants.
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18 December 2024 | 7 replies
Using your first property as collateral could help reduce the cash you need upfront, but it’s essential to weigh the risks and it's not really recommended specially if this will be your first.I recommend focusing on building reserves or seeking partnerships to fund flips.
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15 December 2024 | 59 replies
Try to reduce the number of problems you can think of to a manageable level, or instead of a 5 bedroom place maybe go a little smaller with a 4 or 3 bedroom that is generally more manageable and not pack people in like sardines.
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19 December 2024 | 37 replies
My wife has been handling all the complaints that we are filing with the DA, etc.If nothing else we should all band together and file separate complaints to whoever may help us.
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16 December 2024 | 21 replies
Per the mutual agreement between the Lessor and the Tenant, the Lessor has agreed to reduce the monthly rent from $3,200 to $3,100, allowing the Tenant to repaint portions of the house at their own expense.