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14 September 2024 | 9 replies
You can add language such as "Inspection for information purposes only" or similar to convey that you won't expect repairs or cash concessions from the seller, but you do not want to lose the ability to walk away if you find that the house is in shoddy condition and you should not trust an inspection report that is not from an independent source and provided to you outside of the seller.
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13 September 2024 | 7 replies
You might lose more than the taxes if you’re in the 15% capital gains bracket.
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13 September 2024 | 20 replies
Given your emphasis on mastering the foundational aspects of real estate, I’d love to hear your advice on how I can effectively integrate these principles, laws, and finance into my strategy.
15 September 2024 | 33 replies
If there is ANYONE familiar with something like this , I would be very grateful to get some insight because I am panicking.I literally saved money for so many years for this and I hope I didn't just lose it all.I don't know if it matters but this happened in Lancaster Pa, and they were purchased in a business name not my personal name.
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11 September 2024 | 6 replies
Yes, you lose the value add upswing, but you also reduce potential money loss and time loss.
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12 September 2024 | 5 replies
You will need to get an attorney to draft proper documents which will include information about what it is you are doing.raising money today is challenging as people are losing money in other deals and hesitant to go into new deals, especially for newer sponsors or sponsors without a lot of skin in the gameit can still be done but you need to have rockstar sales people.
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13 September 2024 | 16 replies
. - Tenants are incentivized to not damage the property (can lose their voucher if they are found liable)- In my experience, tenants tend to stay for longer periods of time rather than non-section 8 tenantsCons- The unit is required to meet a certain standard and pass an inspection prior to tenant occupying the unit - Tenants tend to have a lower credit score than most landlords were prefer Happy to connect and share my experiences as an out of state investor and share some additional tips.
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11 September 2024 | 12 replies
So I am looking at this as a way to decrease my federal income tax if I lose FEIE.
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14 September 2024 | 26 replies
However, do not use that as a strategy or be okay with it, you'll wind up losing the battle.Hope this helps, reach out if you want to talk more about Orlando.
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11 September 2024 | 4 replies
Quote from @Piper Pepperidge: Looking to do my first flip, was originally looking at baltimore, but it looks like it's moving towards a buyer's market and inventory is very high so I'm looking for other hot neighbors with low inventory.ThanksHottest markets are inner ring dc suburbs, moco, nova, even Howard and Frederick, I can tell though if you are a 1st time flipper you will lose money, I’ve been doing this for nearly a decade and I cannot hit my numbers, I met with a flipper a few weeks doing 12 a month, has his own crews, buys off market, literally a full time business, even he is struggling , it’s a bad time to flip right now tbh.