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12 August 2024 | 19 replies
However, it also faces economic difficulties, high vacancy rates, and slower property appreciation compared to booming markets.If you're an out-of-state investor without local contacts, examining census data can provide valuable insights into Youngstown, Ohio.
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14 August 2024 | 6 replies
Thank You so much Mitch Messer for this valuable information, You're right I need to do my customized financial analysis since it's a nonprofit sober living.
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15 August 2024 | 21 replies
None of this speaks well for owning property in an IRA.While trying to find related examples, I found another argument I would have certainly lost regarding accounting for a checkbook controlled IRA LLC: “Providing un-tracked accounting services for your own IRA LLC can result in a both an excess contribution and a prohibited transaction.”http://www.prweb.com/releases/2011/02/prweb4300264.htmAccording to the article, “Although there are some exemptions for services provided to a retirement investment plan, they do not extend to services provided to entities owned by the plan.”I guess you guys are right.
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13 August 2024 | 11 replies
You mention that its a SMALL kitchen and a microwave hood saves on valuable countertop space plus its an eye catching sizzle feature that sets you apart from comparable rentals.
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14 August 2024 | 10 replies
I’m here to help you get started and gain that valuable experience in the Central Florida market.
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15 August 2024 | 29 replies
Business lines of credit in my experience will often be high doc, so you need to have your articles of organization, the EIN number from the IRS, any other mbr/managers may have to be signatory to the debt (vs non-PG), and depending on the bank, they often want to see business tax returns.
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19 August 2024 | 3705 replies
Thank you for all the tid bits of valuable information.
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13 August 2024 | 15 replies
Having a partner can be a valuable asset when investing?
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13 August 2024 | 5 replies
Thanks Check out this article on BP published on this exact topic - the "5-10 Unit Multifamily Niche" has some very specific financing options - including, the Multifamily "DSCR Loans" that @Brian Cauldwell mentioned - these look like SFR loans (no tax returns, 30-year fixed, Rent/PITIA to calc DSCR etc.) but are for slightly bigger propertieshttps://www.biggerpockets.com/blog/multifamily-dscr-loans
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13 August 2024 | 11 replies
I have begun reading books and articles trying to educate myself before I start this journey.