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16 October 2024 | 7 replies
Minimum you would need to generate enough income to pay yourself that salary, as well as cover all of the payroll taxes, other expenses, admin burden of payroll, and still generate enough of a return to take distributions.
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14 October 2024 | 4 replies
I am a spreadsheet junkie, so of course, I also built my own custom underwriting calculator!
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17 October 2024 | 6 replies
I’ve been learning about the industry / different regional markets for the past few years and am eager to execute my first deal in the near term and continue growing through this community.My primary goal is to purchase a property I can live in while generating rental income (e.g., a single-family home with a tiny house, a duplex, or a single-family property where I can install a tiny house).
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17 October 2024 | 5 replies
And my feeling is for MOST people Solo 401k is sufficient to meet their needs, and an actuary creating a custom plan is “overkill”.
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20 October 2024 | 17 replies
Good news is its fully rented and generates enough cash to satisfy a 14% HML (give or take), that's pretty robust.
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14 October 2024 | 6 replies
The key is to be detailed and consistent in your logging.For our clients, we provide a custom spreadsheet to help track activities more effectively.
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12 October 2024 | 9 replies
It was my first real career (after series 7 licensed securities broker) and I was usually dealing with investors from the previous generation.
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14 October 2024 | 19 replies
Many cities have high overhead costs that consume a large portion of generated revenue.
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16 October 2024 | 15 replies
Batchleads' response was to suggest lying about the industry to get the campaign accepted, which we obviously did not do and strongly advise against if you wish to avoid getting sued.My current marketing channels are outsourced cold calling and PPC.I know that this answer does not help since you're looking for lead generation advice, but SMS marketing for follow up (leads you've already spoken to) are getting through with my clients.
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19 October 2024 | 16 replies
If you buy properties in a city where rent increases don't outpace inflation, you can't achieve financial freedom—no matter how many properties you acquire.For example, suppose you buy enough properties to generate $5,000/Mo, which replaces your current income.