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9 September 2024 | 5 replies
Under IRS rules, you, as the plan holder, are considered a disqualified person, meaning you can’t perform services that benefit you directly, such as acting as the leasing agent for the property.
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10 September 2024 | 12 replies
Approval for extra pets, yes: I have multiple statements about "and damages by guests, XYZ caused by guests, performed by guests, etc."
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6 September 2024 | 5 replies
The first question is of course, can you get a loan with less than 20% down - but I'll assume you can given that you're exploring both options.I recently read Real Estate by the Numbers by J Scott & Dave Meyer (shameless plug it's available through the BP bookstore here) and in chapter 36 they discuss exactly this - that in some cases using more leverage can actually boost your returns and you should run the numbers both ways to see what makes sense for you.
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6 September 2024 | 2 replies
@Kevin Gallagherthere are a couple things overlapping herefirst, with a BRRRR, one of the goals is to boost the ARV as much as you can so that you get reimbursed / paid back on the refi.
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8 September 2024 | 2 replies
Hey Casey, Property leads its been the one performing good for us.
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12 September 2024 | 27 replies
@Cosette TrantowThe hardest thing to do in business, in my opinion, is to remove someone when they aren't doing the job, or in your case, performing abysmally.
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7 September 2024 | 15 replies
In 2024, I'm trying to automate and delegate as much as possible.The big tasks I would like a VA to perform are:1) Web research2) Website creation & maintenance3) Social media content creation4) CRM work5) Newsletter research6) Market research
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9 September 2024 | 4 replies
Don't forget to inspect at least once a year and never renew a tenant that performs poorly the previous year.
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9 September 2024 | 9 replies
Owners mistakenly ASSUME all PMCs offer the exact SAME SERVICES and PERFORM those services EXACTLY THE SAME WAY, so price is the only differentiator – so, they often select the first PMC they call or that calls them back!
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4 September 2024 | 2 replies
If you're a real estate investor looking to maximize your tax savings and boost cash flow, cost segregation might be your secret weapon.