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23 January 2016 | 0 replies
Should I sell my house, use any excess profit I make to purchase a duplex and start over from?
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5 September 2017 | 9 replies
To give a general idea of some of the mess they left - left it with 2/3rd of the lightbulbs burnt out, holes in 4 doors, very poorly patched holes in the walls in more than 5 locations, missing showerhead, missing ceiling lights, excessive mold, large hole knocked into paneling, enough garbage to overflow a roofing trash trailer, 2 tvs (1 stood 4' tall), cobwebs and filthy walls, excessively filthy carpet including over 15 dog male (squiggly!)
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21 January 2018 | 11 replies
You are currently getting a 2.5% yield (which I think is low for a dividend portfolio, I target 3.5% on my dividend portfolio).......but you can get a free cash flow yield on real estate often in excess of 10%. $500 a door may sound small to you....but at 4 properties throwing off $500 a door....you have created more passive income from real estate than you have from your stock portfolio. ($24,000 vs $20,000)
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3 February 2016 | 28 replies
When I say time I mean in excess of 6+ months - Again, I only speak from personal experience.
3 February 2016 | 15 replies
What a judge would deem as excessive is open to an interpretation.
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10 February 2016 | 3 replies
I would look at how much excess cash flow is present and figure out how to apply all of that cash flow to pay down the debt on the properties to eventually refinance the upside down loans away.
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17 February 2016 | 11 replies
Point is, payroll companies don't have insurance that will be the same as yours, they may have WC but don't necessarily need to have CGL, Excess, Umbrella, or Vehicle, so basically their advice is not solid enough.
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5 February 2016 | 2 replies
Yes, but keep in mind that if your mortgage acquisition indebtedness exceeds $1 million and/or you have a HELOC is in excess of $100k, you may be limited in the amount you can deduct.
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5 February 2016 | 2 replies
This sparked a conversation in the office about how owning a rental property is an excessive burden and there is no money to be made in real estate.