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24 September 2024 | 6 replies
Remind them of the peace of mind you offer by ensuring the deal won’t fall through and that you handle all the details.With a few adjustments, your approach can be even more effective in converting leads to deals.
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27 September 2024 | 13 replies
An investment property only requires 15% down even up to 4 units and only 10% down for a Second/Vacation home.When you talk to the Bank for example we run the numbers to ensure you have enough money to cover downpayments, closing costs, renovation/repair money etc.
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24 September 2024 | 12 replies
Focus on cash flow and ensure properties generate positive cash flow after all expenses.
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25 September 2024 | 4 replies
That’s why most professionals would need to look at everything, not just one part, to give you the best advice and ensure no mistakes are made.Hiring a professional might cost more upfront, but it’s worth it for the peace of mind and to avoid potential tax issues down the road.Best regards,Jason
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24 September 2024 | 4 replies
Personally, I would take the cash and buy an investment property and ensure I also had enough cash to cover all expenses for six months.
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27 September 2024 | 18 replies
You need to ensure you don't get into a situation where the US is taxing your worldwide income, though in CA there are tax credits to avoid double tax its still not ideal
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24 September 2024 | 8 replies
I read somewhere that Unincorporated areas like Lealman doesn't have great returns so I want to ensure Bay Pines unincorporated would do better or is there another area to consider?
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24 September 2024 | 8 replies
I would also recommend ensuring you have a title company do thorough title due diligence and get title insurance.
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24 September 2024 | 8 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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24 September 2024 | 2 replies
It may also be useful to consult with an expert to ensure the terms align with both parties' goals.