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2 October 2024 | 25 replies
Since Friday I have been mostly occupied with trying to help my old employer get crucial services back up and running in Asheville.
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4 October 2024 | 17 replies
In cheaper markets it is more common to rent LTR (from what I can see, that's why the prices are lower).
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30 September 2024 | 17 replies
This is more common for commercial (5+ units, often lenders in this category want the owner/operator to have experience self managing or hire professional management), and not very common 4 units and under, IME.
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2 October 2024 | 5 replies
Profit-sharing in the 20-30% range is also common in situations where coaches play a key role in creating wealth through property investment.”
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4 October 2024 | 39 replies
I think both areas have seen recent growth (NKY more than Cincinnati in my eyes) and commonly has investors here (not too many though).
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30 September 2024 | 8 replies
Absent that, the big differences will be which forms you report the income, your ability to deduct business expenses against the income, and applicability of self-employment taxes.
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30 September 2024 | 4 replies
I also wanted to add a few security cameras outside and in the common area.
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1 October 2024 | 6 replies
The most common we are working with and the ideal situation is something between $125k and $140k at 60LTV.
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1 October 2024 | 3 replies
The commonality is these are policy considerations politicians in Philadelphia used for election purposes not what was best for the City of Philadelphia.
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1 October 2024 | 4 replies
Amongst the common misconceptions I see by posters on BP are that hard money loans are junior mortgages to fill the gap between institutional financing and down payment; that it is in lieu of down payment so the borrower can acquire a property with “no money down”, and that it is money borrowed to use for an earnest money deposit.