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5 August 2024 | 3 replies
Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?
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9 August 2024 | 39 replies
3B) Many people don't realize that you CAN take depreciation *inside* of a SDIRA *if* you are also using leverage in it.
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7 August 2024 | 13 replies
Once I pointed how really little it affects my commission they all realized how stupid were there concerns and how little I make, especially all the time I have to put into just one transaction
5 August 2024 | 11 replies
My guess is that your property management company approached the homeowner without much empathy, and the occupant is right to be skeptical as many people don't realize they've lost the home.
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5 August 2024 | 4 replies
I realize you are an expert on 1031 but perhaps "interest tracing" concept is less common...
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5 August 2024 | 14 replies
Then you can start digging into utilities/etc that might be large hidden costs many don't realize are needed.
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5 August 2024 | 5 replies
I’m currently facing a similar situation and realized that I wasn’t using the right resources or consistently marketing to a single, optimized list.
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5 August 2024 | 16 replies
It does not take too many months of missing out on a savings of 514 to realize that PPP was HUGELY expense in actual 16,000 or savings you had to leave on the table.
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5 August 2024 | 13 replies
There's a reason they are cheap and investors rarely realize their paper ROIs with these types of properties.
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6 August 2024 | 54 replies
I realize it's not my right to tell people how to vote, but I'd like to put a clause in that reads, "Every time a levy, school tax increase, or special tax assessment passes, rent will increase by 5x the amount of that cost."