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3 January 2019 | 13 replies
There's a lot of opportunity to get involved with large multi family units, but if you can find enough investors you could do it with less of your own money.If you're looking at retiring in 15 or 20 years, you could start with some smaller duplex style units and build up from there, or just hold a few and pay them off.
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3 July 2018 | 21 replies
On the other hand it has simplified my communication style on finances and basic home functioning and made me more tolerant of those who did not grow in the know on those topics.
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2 July 2018 | 25 replies
I didn't feel comfortable working in this survival-oriented environment (the bottom rung of Maslow's hierarchy of needs), but I had a hungry mortgage to feed every month.Those times made me yearn for financial independence where I would more than cover my living expenses with investment income and not have to be concerned with the price of gasoline or the chip industry's "book to bill" ratio.
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5 July 2018 | 19 replies
The home was a 1927 Spanish style home in Los Angeles, CA.
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3 July 2018 | 23 replies
I think I'm getting a ton of value out of the OTAs, especially AirBNB.That said, I do want to move into my own site, mostly so repeat guests can book directly through me - I think there's a definite value to THEM in avoiding the OTAs, and as @Myka Artis pointed out, there's a price point that's beneficial to the renter and the owner once you cut out the OTA fees (that are mostly guest-oriented).
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2 July 2018 | 23 replies
I have never worked for anyone always been 1099 for 40 some years.. so to me its a life style..
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1 July 2018 | 1 reply
Another building in the neighborhood (same style & plan) is listed for $300,000.The neighborhood is near a new stadium (Atlanta Braves), several employers and shopping/restaurants, but is just outside the city proper.Thank you so much for all your advice/help!
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12 September 2018 | 7 replies
I just started orientation is tommorow so I haven’t really spoke with anybody in my office, just trying to get ideas of what works I want to hit the ground running
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6 July 2018 | 5 replies
That said, most folks here will hold their properties in LLCs for the asset protection benefits that the structure provides.Here is an article that explains the benefits of the LLC structure - https://www.landlordology.com/landlord-rental-llc-... and another https://www.legalzoom.com/articles/forming-an-llc-...As for the house hacking you are considering, if you go with an FHA style loan you'lll have to live in the property for a while.
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3 October 2020 | 5 replies
Take into account your management style and how easy it is to approach the tenant.