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21 September 2024 | 7 replies
Basically, the consensus is that you just need to fill out an additional CA tax form every year once you go out of state, and that can be done by your accountant.
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20 September 2024 | 6 replies
Here are some popular skiptracing platforms and websites that investors often use:TLOxp: This is a service by TransUnion and offers a comprehensive database to find detailed personal records.Spokeo: Useful for basic information and sometimes provides email addresses and phone numbers.Whitepages Pro (now Ekata): Offers identity verification data, including phone numbers, addresses, and more.BeenVerified: This service aggregates information from various sources, giving you phone numbers, email addresses, and other details.PeopleFinders: Similar to BeenVerified, it pulls from various sources and provides detailed reports on individuals.BatchSkipTracing: Designed specifically for real estate professionals.
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21 September 2024 | 44 replies
If you have a basic understanding of Excel and can use Yelp to find honest workers, you can manage 5-10 units by yourself in a couple of hours per month.
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20 September 2024 | 3 replies
You'll definitely want to prepare a "Schedule of Experience", which is basically a spreadsheet showing the deals you've done over the last 36 months or so.
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23 September 2024 | 25 replies
@Drew Sygit has a very nice description that will hold for basically all markets.. maybe he will see this and post his ABCD model..
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20 September 2024 | 12 replies
So my immediate plan was to try to rent this house as a medium-term, furnished rental (basically leaving all my stuff here, taking a few select things) and moving in with her for a few months to kill a few birds with one stone - MTR income, not having to pay for a storage unit for my stuff, saving up more money for a down payment, and caring for my mother.
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20 September 2024 | 11 replies
So I don't follow CO STR stuff other than basic reading posts here and some other places as well.I hear you that we are talking about primary residence STRs but that can change just as fast as non occupied IMHO.
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18 September 2024 | 19 replies
They would pay us, the management company a small non-refundable annual fee that is basically a third of their traditional deposit.
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20 September 2024 | 9 replies
They will normally charge you for desk space, using their printer, support from them and their office staff, Etc....Then there are MLS fees, Lock Box fees, Continuing Education costs, and the basic costs of running your own business.