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5 January 2025 | 39 replies
Quote from @Damon Albers: Hi, I have two houses that I purchased from Memphis Investment Properties (M.I.P.) who still manage them.
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16 January 2025 | 5 replies
Purchase price: $70,000 Cash invested: $60,000 Sale price: $70,000 Have under contract for $70K and will rehab.
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26 January 2025 | 16 replies
I look to achieve the 1% rule when purchasing although in the current market it’s not a guarantee of cash flow.
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21 January 2025 | 5 replies
I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible.
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31 January 2025 | 6 replies
The primary thing you're going to run into is whether or not a lender, at purchase of the property, will allow there to be a secondary lien on the property.
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15 January 2025 | 11 replies
You can indefinitely defer the tax and use it to purchase nicer property/properties, as well as not have to recapture any depreciation.
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23 January 2025 | 3 replies
I'm thinking I can get a nice purchase price if I under cut the banks by 1% and offer 15% required down as opposed to the traditional 20%.
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15 January 2025 | 8 replies
Purchased a little too high at the buy (I knew it at the time too), does a little better than breaking even on cashflow, and took too long to rehab.
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11 January 2025 | 18 replies
My PA lease has specific clause on the second matter of your question.
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29 January 2025 | 4 replies
They also didn't get hit with capital gains on the entire purchase price, which enables them to keep more of their money.