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7 December 2024 | 0 replies
I don't remember their names but people from the War College helped us redo the electrical and plumbing for cost which was amazing.
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13 December 2024 | 13 replies
Both are in held in the same LLC or your name, you'll be net cash flow positive and be owning the debt, equity, and hard asset at different ratios that's relatively strong for performance growth in the portfolio.
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9 December 2024 | 6 replies
I know some mentioned about developing banking relationships and I totally agree with that, so here is what you do. 1) Open a business checking account in the name of your LLC to hold the assets. 2) Deposit your cash into that account to fund the real estate purchases3) After owning for 60-90 days, talk with a local lender about a line of credit against the 2 properties at 60% LTV. 4) After about 30-45 days, have the line open to use if you need that liquidity that you used, but until then you are not paying 7% interest on nothing.
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11 December 2024 | 37 replies
They were called Overhere Management before they changed their name to Zeker due to some internal leadership issues.
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5 December 2024 | 11 replies
I would bet there are several around where you are.
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5 December 2024 | 34 replies
I own no properties in my personal name.
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5 December 2024 | 554 replies
In fact, most made money betting on both sides.
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14 December 2024 | 36 replies
@Mike MillerI had the name of one brokerage in California, that doesn't require MLS membership or Realtor membership, in my notes for some research I had done for a venture I'm involved in.
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7 December 2024 | 5 replies
And this does not include the real world issues, namely are you even allowed to convert this property to a four-unit and taking a single family to 4 unit is very likely going to cost more than $110k (but this depends on the actual layout and work scope).