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26 September 2024 | 10 replies
Anything that involves a licensed architect or engineer providing a stamp is going to cost something, because they will review the person's work to determine if they're willing to bear the liability for that, and that takes man-hours.My previous firms always flat-out refused to stamp someone else's drawings because they had no idea whether any of it was on the level.
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25 September 2024 | 3 replies
If she violates your notice and refuses to leave, I believe she will lose her voucher and her ability to afford another rental.
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24 September 2024 | 49 replies
I can risk assess every individual based on their background, It is screening 101.Thankfully other peoples moral outrage does not interfere with my ability to successfully operate a minimum risk business within the boundaries of the law.Bottom line is laws are never ridged.
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25 September 2024 | 5 replies
Hi Lilly,Having an LLC has some advantages compared to flipping including the ability to deduct business expenses like mileage and meals, which can lead to significant tax savings.
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25 September 2024 | 6 replies
Thank you,Nirav Since you already pulled the trigger...and are a limited partner...this means you have the benefits of that (i.e. no liability beyond your investment) in exchange for generally having no ability to vote or have a say in how the investment is managed.
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25 September 2024 | 6 replies
I love the ability to categorize all my spending and split transactions into different categories.
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25 September 2024 | 7 replies
Many investors also appreciate the ability to use leverage in real estate deals.Real estate can be a strong strategy for preserving capital because of its tax advantages and growth potential.
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23 September 2024 | 25 replies
Plus the economic council of the Greater Phoenix Area has a great resource to determine the makeup of each city.
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27 September 2024 | 14 replies
If you really don't value your agent's ability and think you can do it better, it's likely best that you 1) interview more to find one that you do trust, 2) go through the listing agent, directly, if you're that comfortable with handling your side on your own, or 3) maybe get your license so you can control your side of negotiations with the proper tools needed (MLS access with agent info, showings, contracts, tax records, uploaded listing docs like surveys, disclosures, broker assistance for questions, etc.).
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26 September 2024 | 11 replies
Some sponsors are mitigating this risk by raising their own pref tranches from their own investor base, thereby giving them control over the terms.In a strong up market it’s likely that rent growth and strong demand will drive up income, thus driving up value, which supports the ability to take out the pref.