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8 January 2025 | 29 replies
I can't imagine flying out there for a day or two with a hotel can cost you $10K.Flying out there is like you paying for an insurance.
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11 February 2025 | 69 replies
Also, many students are complaining about the cost of the large buildings that are closer to campus with rental rates that keep increasing.
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9 January 2025 | 0 replies
SizeConsider the number of units you’re targeting:Example: For Class C properties priced at $8M in a market where the per-unit cost averages $80K, you’d focus on properties with around 100 units.6.
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4 January 2025 | 16 replies
Interested in learning more about the Sacramento market, feel free to DM me.Purchase Price: $882,250Rehab: $260,000Holding Costs: $60,000Appraised: $1,300,000Gross Rents: $6,800 Have 1.2 into the project and it only appraised at 1.3??
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6 January 2025 | 5 replies
Quote from @Brandon Croucier: The loans are available but nobody wants to do them.There always seems to be something wrong with the properties, as lenders we just can't make enough $ for our time.9/10 Borrowers also complain about the "excessive fees" for the loan amount.If you are okay with paying 8k in closing costs then the loan is available.
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7 January 2025 | 7 replies
I would be looking to use hard money to cover the costs of renovations.
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14 January 2025 | 21 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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3 January 2025 | 3 replies
In most single family zoned areas adding a single ADU is not a value add meaning it will not add more value than the hands off cost of the addition.
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9 January 2025 | 18 replies
One your loans will be a higher interest rate, next you will have annual filings, the cost of a registered agent every year, and items like that.
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3 January 2025 | 5 replies
The most important thing for you to learn as a wholesaler is repair costs.