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24 May 2024 | 42 replies
I've been knocking on the BP door forever now.Let's not forget that I'm the only person ever to call Dorkin a Wanker during my BP interview haha
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21 May 2024 | 11 replies
If yes, I would probably lean towards owning your home rather than renting forever.
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21 May 2024 | 8 replies
So when considering your entire "capital stack" I think it is worth opening up a HELOC on your primary residence to make your equity more liquid, whether you end up doing another house hack or staying in your current home forever.
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21 May 2024 | 25 replies
Quote from @Michael Mainini: I'm a big fan of holding property forever, but you need to know the numbers.
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23 May 2024 | 52 replies
Consumers have a right to say they're uncomfortable with a particular situation, no matter how inocuous it may sound to the seller.
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22 May 2024 | 31 replies
the good thing about RE is .... it's easiest way to print money.but when you print it, you have to pay tax.if you want to defer it, then you go to another rabbit hole.you could also do something like this.lets say yourcapital gain is 1 Milyour primary is 1Mil with equity 500k.1031 your rental to another location where you wanna liveSell your primary tax free first 500kthen move to that rental home for forever after rented for two years.Lot of options!
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23 May 2024 | 80 replies
Most of my clients book for events and conferences at the Georgia World Congress Center (GWCC).
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20 May 2024 | 13 replies
This is something to budget for when considering this type of rental.Management Intensity: Managing student rentals can be more hands-on, requiring stricter lease agreements, regular inspections, and sometimes dealing with noise complaints or other issues.Seasonal Vacancy Risk: There’s a risk of vacancies during summer months unless you find tenants who stay year-round or offer summer sublets.Zoning and Regulations: Some college towns have specific zoning laws or regulations regarding student housing, so it’s crucial to be aware of these and ensure your property complies.Tips for Success:Proximity to Campus: Properties close to the university are more desirable and can charge higher rents.Furnishing: Consider offering furnished rentals as students often do not have their own furniture.Strong Lease Agreement: Have a robust lease agreement that includes clauses for damages, noise, and other common issues.Hire a Property Manager: If managing the property becomes too time-consuming, a local property manager with experience in student rentals can be a great asset.Overall, student rentals can be a profitable investment with the right management and location.
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22 May 2024 | 90 replies
It sounds scary, but it is setup that way as a consumer protection.
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23 May 2024 | 35 replies
A Creative Finance Lawsuit can be brought by the Attorney General, the DOJ, FDIC, and on and on among others because it involves banks, wire transfers, possible fraud, possible identity theft, possible equity skimming, possible violations of the Consumer Protection Act, Dodd-Frank, ACT S.A.F.E.