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9 December 2024 | 8 replies
For me, I would fix it now so its one less thing i have to worry about - but if the $25k would set you back a lot, then many would wait.
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13 December 2024 | 20 replies
I would just go ahead and pay him the $2,000 and get it in writing that he will not pursue you going forward and then set better systems & expectations in place to avoid this problem in the future, lesson learned.
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5 December 2024 | 6 replies
The trust has already been set up for estate planning and we are beginning to fund the trust.
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6 December 2024 | 27 replies
Your first deal will set the tone for your investing journey, so:•Make sure you’re getting good guidance.
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4 December 2024 | 4 replies
I would set up a family trust, if you have a ton of equity maybe you refi the properties into an LLC but if you are locked in with lower rates then I wouldn't touch the ownership piece yet.
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5 December 2024 | 14 replies
Most of the homes come with a one or two year warranty so we set it up so that they can communicate with the builder directly to handle maintenance issues.- Taxes are usually much lower the first year.
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27 November 2024 | 3 replies
But if set up correctly, they can be more consistent performers over time and have more predictable cash flow.
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7 December 2024 | 5 replies
Start by analyzing deals, setting clear goals, and building a strong network.
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6 December 2024 | 4 replies
@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.
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10 December 2024 | 25 replies
Contrary to popular belief, this is not set because I believe it will give me a higher return.