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24 January 2025 | 13 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.The City of Detroit has 183 Neighborhoods we’ve analyzed.DM us if you’d like to discuss this logical approach in greater detail!
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6 January 2025 | 11 replies
Both offered up to $40k, 12-14% rate which is higher but not bad for an unsecured personal loan.
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24 January 2025 | 6 replies
If you want to chat about best strategies to get that 2nd and 3rd property let me know!
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23 January 2025 | 4 replies
Best of luck on your journey, the DMV in my opinion is still one of the strongest markets in the US to get started in.
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19 January 2025 | 6 replies
The meters do act up from time to time so you will have to get them swapped out but overall the best we have found.We have also done pro rata bill back but moved most of our parks to Metron.
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18 December 2024 | 12 replies
Quote from @Kevin Oh: Quote from @JooYung Choi: Hey Kevin,As a homebuyer, it is in your absolute best interest to shop around lenders for the best rates and terms.
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1 February 2025 | 9 replies
It's real estate in markets with population growth, it's pretty hard to lose money if you get an inspection and appraisal."....Wishful thinking at best when buying C/D properties.
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5 January 2025 | 4 replies
Trump has said he plans to keep owner occupied rates at 6% through 2026.
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27 January 2025 | 6 replies
Verifying last 2 years of rental history and income extremely important to find the “best of the worst”.Make sure you understand the Class of properties you are looking at and the corresponding results to expect.Thank you @Michael Smythe this is very helpful!
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14 January 2025 | 2 replies
The tax advantages of buying/holding gas stations are pretty great.Many of the components of gas stations including pumps, tanks, external parking areas, and other equipment are classified as either 5 or 15 year property so you can bonus depreciate a lot of it (minus the land value) and get significant deductions in year 1.With the 2025 bonus depreciation rate at 40%, a $1 million gas station acquisition could still lead to $100K+ in year 1 deductions depending on the specifics of your deal.