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8 July 2024 | 1 reply
I actually surveyed land for 12 years in the area and know all which way the socioeconomic patterns are flowing.
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8 July 2024 | 0 replies
I actually surveyed land for 12 years in the area and know all which way the socioeconomic patterns are flowing.
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10 July 2024 | 31 replies
We use ikea laminate counters, the stock ekbacken marble effect 74x42 island top is $129 (pictured below).
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8 July 2024 | 0 replies
I actually surveyed land for 12 years in the area and know all which way the socioeconomic patterns are flowing.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3016168/small_1715096017-avatar-zaida30.jpg?twic=v1/output=image&v=2)
8 July 2024 | 9 replies
Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal
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6 July 2024 | 7 replies
When you zoom out and look at the big picture every rental property needs a total gut rehab every 30-50 years at about $50-$80 per square foot, which will long term wipe out all your cash flow and then some if you don't have corresponding appreciation to offset.I have been investing in Milwaukee for 15 years and it took me a while to see this pattern.
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12 July 2024 | 281 replies
current tenant couple have been late a few times now. always pay + the late fee, but i've noticed a pattern...Nov Message:Hello just a head up but out rent will be late this month we had an emergency come upDec rent message:Good morning, we have not forgotten I was moved to a different division at my job which push my pay back a week because that department is not on the same case schedule as my last one very short notice it will be paid including the $50 on the about sorry about the two back to back late payments but it was beyond our controlJan rent message:Yes rest was due yesterday but the bank was closed Saturday and Sunday so I'm really not understanding the late fee but sureMe: we gave you an ATM card so that you are not dependent on bank hours.
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5 July 2024 | 19 replies
I am sure many others on these forums can share similar stories in their markets as the fact pattern is common, only the bank names will differ.
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3 July 2024 | 6 replies
The answer will be dependent on your fact pattern, so a general forum like this may not be able to answer such a broad question.With regard to the LLC structure, note that CA does not recognize series LLCs, and CA tends to have a broad opinion of what constitutes "doing business" in the state, and therefore, what LLCs need to report with the CA Secretary of State and file appropriate tax returns.
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2 July 2024 | 8 replies
The fact pattern states the equipment was leased (owned by the solar company, not the property owner).