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16 October 2024 | 10 replies
That seems very unprofessional like I'm not with my phone ready to help them with their home sale.
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13 October 2024 | 7 replies
As a result, you wouldn't be able to deduct the rental portion of closing costs or other related expenses until the rental unit is fully ready for tenants.
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10 October 2024 | 2 replies
If you are wanting to sell your real estate property, but are worried about paying taxes on the capital gains, a great strategy to consider is a 721 Exchange. Section 721 of the Internal Revenue code allows an investo...
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16 October 2024 | 25 replies
Class A & Class B properties with cash flow neutrality & YOY appreciation of 5-8% atleast, vacancy rate of less than 5% would make sense for me however new construction is out.That is something which i am not ready to commit to just yet considering the issues with global issue with builders and supply chain. 3.
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9 October 2024 | 12 replies
Hey there,I have a great job and not interested in quitting, but I'm ready to start investing in real estate.
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13 October 2024 | 11 replies
If you own your washers and dryers you will probably make some decent money but get ready when something breaks and the tenants want it fixed right away.If you are priced lower than the local laundromat (which most are for some reason) your tenants not only have to carry all their stuff to the Laundromat but will have to spend more money and may want you to cover it.Also a Service Tech will probably charge $100 to show up plus parts.
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14 October 2024 | 14 replies
Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.
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14 October 2024 | 6 replies
For example, if I had a 1 hour conversation with a GC regarding the renovations of the property to get it ready for STR, how do I prove that I performed that 1 hour conversation in the log?
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14 October 2024 | 5 replies
Not ready to be investing in faraway lands and I feel like there are good opportunities near me for growth.
15 October 2024 | 8 replies
Overall, we’re not ready to move to a new property management company without hearing from others.