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26 November 2024 | 86 replies
But again afraid to call them out for getting sued.What’s interesting in some of the recent posts is the “cut and paste” response from the sponsor actually looks worse for the sponsor.Just goes to show how big a POS they are by threatening investors - now that’s assuming the LP is telling the truth but in some cases people who are experienced syndicators found the property was foreclosed and sold back to the lender - so curious what the sponsors defense is?
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13 November 2024 | 8 replies
The developer sold the lots to a homebuilder, and I worked with the homebuilder to assist with each individual lot being permitted.
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13 November 2024 | 4 replies
Is this accurate, if a property is owned by investors and constantly being sold and bought that's a warning sign?
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11 November 2024 | 12 replies
He could have sold tax free if married but instead he’s going to ask the IRS for an $80k refund ($500k paid, says he sold for $100k) but again you will ow $250k because you said you bought it for $100k and sell for $1M.
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12 November 2024 | 10 replies
Quote from @Sandeep K Mamidi: We have over the years bought and sold several rental properties in FL, AZ and TX (Pretty Passive)Want to become more active with Flips and grow our wealth using innovative strategies and expand into Multi Family Real EstateCongrats.
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13 November 2024 | 13 replies
You can check recent solds in the MLS and note which ones sold for cash, then try to contact the buyers agents.
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12 November 2024 | 2 replies
It represents allocation of the sales price when they sold this property later on.
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13 November 2024 | 4 replies
I live in CA (SF Bay area), looking to move out of state possibly Nevada in two years once my son graduates High School.We sold our manufactured home a couple years ago and now are renting and saving for future home.Thought about buying an investment home in Las Vegas and renting it out for the next two years, while we are not ready to move.