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25 November 2024 | 36 replies
I would like it to work by the first of December when the rent is due so my tenants can be set uo I sent you a connect request.
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27 November 2024 | 3 replies
If the answer to both added questions would be "yes", then you have a potential goldmine here.Combining the seller's concerns, and the reality of a big down payment being a negative to the seller (see Q: 1), you should be able to set the terms, with a lower DP, and controlled interest rate, to have this property CF and,...be able to sell the package to another REI down the road,...as long as you buy this using an LLC (a new one).
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27 November 2024 | 10 replies
The note investor can set up a deal where the borrower deeds part of the property to him for cancellation of a certain amount of principal.
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25 November 2024 | 6 replies
If you set it as November 20th and a tenant still hasn't occupied by that date, leave it.
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26 November 2024 | 44 replies
I realize there might be somebody that comes on this thread that’s trying to pretend like finding all the deals you want is really easy just pay them the right fee and they’ll set you right up.
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26 November 2024 | 2 replies
However, I'm now reading Dave Meyer's book Start With Strategy to learn more about whether long-term residential rentals is even the best approach or if I should be looking into other strategies, in light of my overall goal.After Start With Strategy I plan to read Set For Life by Scott Trench, but what other recommendations do you guys have at the strategic level?
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27 November 2024 | 16 replies
Furthermore, I noticed that any initial email I sent out to a sponsor was responded with them encouraging me to set up a time to discuss the business with them.
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26 November 2024 | 9 replies
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26 November 2024 | 2 replies
I would assume that you'd just simply sell each individual lot to the developer at a set lot price such that your cost to purchase the raw land and improve it to buildable lots was worth the proposed profit per lot.
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26 November 2024 | 4 replies
Spending more than 100 hours and more than anyone else, or substantially all the time in the business.So if you own an STR and meet the test, you can set up a tax deduction machine.Some issues -- You have to count your time, and the time other people work in the biz (cleaning, maintenance, etc..)- If use the property more than 15 days or 10% of the time it becomes a residenceI suspect this is part of why the STR trend has picked up so greatly amongst professionals working in tech.