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5 November 2024 | 3 replies
IRA becomes the 100% owner of an LLC, or potentially multi-member LLC with multiple money sources, and the account owner of the IRA is the manager of the IRA owned LLC.
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6 November 2024 | 12 replies
And, because you will hold the property for many years, you will need multiple reliable tenants.Reliable tenants are the exception, not the norm.
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5 November 2024 | 15 replies
If you're still living in it, you can rent it out by the room to multiple individuals or even as a live-in STR depending on your risk tolerance & city ordinances.
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6 November 2024 | 6 replies
Here’s how you might handle each of these questions when working with multiple brokers:1.
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7 November 2024 | 8 replies
Therefore, you could say something like "taxes aren't based on your cash flow," but if I were making such as statement, it would be more like "taxes aren't DIRECTLY based on your cash flow" because that better captures the spirit.You have multiple sets of numbers: 1) [actual] cash flow, 2) net income, and since you mentioned running numbers 3) pro forma numbers (i.e., projected/estimated cash flow).
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6 November 2024 | 6 replies
At the same time, talk to multiple lawyers in your area--your area--that specialize in evictions and are in that court room ---your specific areas court room--all the time.
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4 November 2024 | 24 replies
@Kitty Walker- As an investor, I've refinanced multiple Padsplits and co-living properties (where we go direct to tenant without Padsplit), and I generally agree with your last statement, with some caveats:- if the renovation is done well, the appraiser may not even say anything that would indicate it is an "abnormal" SFR (has happened multiple times with me)-the investor may be wise not to make the house crazy- just leave a nice open living room, put double doors on the dining room so it can function as a bedroom now but be easy to convert later, etc.
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5 November 2024 | 5 replies
If you have multiple properties where you can do this, you can finance a very nice lifestyle and still retain the underlying assets.Just curious the groups' thoughts on this?
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29 October 2024 | 23 replies
Hell I’ve bought over a 100 houses a year multiple years without a traditional loan What happened?
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6 November 2024 | 12 replies
Nathan mentioned using a syndication site to push your listing to multiple sites at one time which is also something that I recommend in order to expose your property to as many sites as possible.Some things to consider to maximize the efficiency and giving a perspective resident a great experience from the beginning to having a scheduling link available in your description for specific days and times that you can show the property so that you can capture your leads wanting to tour the property without them having to wait for a response from you and scheduling a one off time.I would recommend investigating in having professional photography taken if you are leasing in a market that has a lot of competition since your photos will have your property stand out and drive traffic.Good luck!