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24 February 2025 | 1 reply
If the raw land is worth $1.4M–$2.03M as you mentioned, you’ll want to make sure there’s enough spread for an investor to feel comfortable, especially if they’ll need to front construction costs.
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3 February 2025 | 3 replies
-save $1k+ in taxes and fees yearly-can use the savings to get more insurance and a higher liability than the value of house. for flipping houses in California does anyone just put into sole proprietor own name and just use the $1k+ in savings for LLC costs into Insurance or use for savingor am I just being too risky.
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1 February 2025 | 51 replies
That's tax-free money, but your rents need to be able to support the new mortgage payment.
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7 February 2025 | 9 replies
I made a few thousand less than expected but I figure that's just the cost of doing business sometimes.Based on my experience I wouldn't let the remote possibility that a homeowner might go into greed mode dissuade you from doing these deals.
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24 February 2025 | 20 replies
Meanwhile, you'll have that cash out that you could buy an investment property as well.If you need any help calculating or mapping out what you could be eligible for, feel free to reach out.
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13 January 2025 | 8 replies
You will incur more lending costs but you will only be in the first loan for 6 months.
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1 February 2025 | 16 replies
I paid about $1500 in closing costs between title, appraisal, etc, but the original loan was wiped out in favor of a new lower rate.
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7 February 2025 | 0 replies
If I were to purchase an Airstream to use as lodging while I travel across the US to my rental properties, make repairs, and perform lease turnovers, would I be able to not only deduct fuel and campground costs but also depreciate the purchase price across 5 years?
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22 February 2025 | 109 replies
That is part of the cost of investing.
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24 February 2025 | 16 replies
They are a custodian, charge a flat with no fees, and provide free audit protection.