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11 December 2024 | 35 replies
Would love to be able to do some value add so I can pull my money back out to reuse.
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16 December 2024 | 9 replies
It's why most large landlords use their own in-house tools/software they pay someone a one time fee to setup for them and then hand off.
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13 December 2024 | 7 replies
If the rate is reasonable then it may make sense to try to save fast to get to the 3.5% down payment on a double or triple - househacking may allow you to increase your savings rate and pay down that loan even faster.As for estimating costs, closing in NY factor at least 1% of the mortgage amount for tax, plus $1500-2000 for lawyer, title and fees, then the amount required by the bank for escrow will depend on the actual property taxes and insurance.
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12 December 2024 | 3 replies
@Erica ArceCould you have a written agreement directly with the wholesaler that outlines your fee for bringing a buyer to their deal?
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9 December 2024 | 20 replies
I happened to be someone who experienced this first hand selling close to 30 towards the beginning of my real estate investing career nd know quite a few peers who experienced the same sale process.There is no way the data you pulled accounts for concessions.
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12 December 2024 | 1 reply
I'd always talk with the agent, but maybe you can pull out all stops on marketing efforts here.
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12 December 2024 | 10 replies
Quote from @Bao Vu: Quote from @Kevin Gonzalez: Quickbooks most likely isn't pulling in the purchase price of the property.
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19 December 2024 | 24 replies
Those that cannot be sold and land that have a lot of tax and fees attached and unpaid are promoted on the website, Government Auction, for auction.
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15 December 2024 | 2 replies
Strategic Purchase: Acquired a discounted double lot below market value with a $17k impact fee credit.Custom Design: Built a 6-bed, 5-bath home tailored for co-living or multi-gen use, maximizing tenant appeal.Efficient Management: Managed construction, and self-managed operations to minimize costs.Premium Marketing: Furnished the property and used multiple platforms to attract quality tenants quickly, achieving full occupancy.What was the outcome?
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12 December 2024 | 12 replies
Ok to summarize it seems that there is Zero way to dodge CA annual fee.