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4 December 2024 | 18 replies
Though, this process will be the same for the other state (if you created a CA LLC you may need to register it as a foreign LLC in the state in which you are doing business/holding property).
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3 December 2024 | 15 replies
If the concern is max cash out, you can cross collateralize the properties to cut down on costly processing fees.
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30 November 2024 | 0 replies
A good broker remains transparent throughout the process, providing regular updates on loan applications, lender responses, and any emerging challenges.
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2 December 2024 | 9 replies
I’m still in the learning process of what avenue of investing I want to venture down, and about a year ago I signed up for a course to become a realtor but then backed out as it wasn’t the right time to devote that kind of studying.
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3 December 2024 | 22 replies
I didn't, and the people at Eagle Rock, who approved permits and necessary utility connections, were not very cooperative, which made the process more stressful than it had to be.I've seen lots listed on Zillow and the Aggressive Real Estate web site.
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29 November 2024 | 2 replies
Getting all corrections made at once and an expedited fashion, for example city asked for 10 things to be corrected by designer, get plans back get all corrections made within one to two days (this is a slow process at times, sometimes this is one of the biggest time killer).
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1 December 2024 | 93 replies
@Tony Nguyen @Mark Allen @Gino Barbaro i am in the process of creating a Pitchbook and would love to see the examples you guys have, if you could send a copy over to me, i would really appreciate it.
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30 November 2024 | 0 replies
On Page 134, he lists the following when analyzing a deal:Sales Price: $132,490.00Sales Expenses: $17,000.00Loan Balance: $55,004.72Total Invested Capital: $35,950.00Profit: $24,535.28I agree with his thought process here when he calculates net profit, but I'm trying to verify the net profit by adding up all the sources of income over the past five years in his example by doing the following:Appreciation over five years=$12,490 (see chart on Page 133).Cash flow ($297.73x12x5)=$17,863.80 over five years.Loan paydown: ($60,000-55,004.72)=$4,995.28 over five years.Sales Expenses are still $17,000.Doing the math, profit= $12,490+$17,863.80+$4,995.28-$17,000=$18,349.08There is a $6,186.20 difference from the net profit he calculates.My question is: Is this $6,186.20 difference due to the forced appreciation gained in the property from the rehab he does in this example?
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2 December 2024 | 3 replies
I would have focused on what I needed to do at critical junctures in the process.
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21 November 2024 | 5 replies
I imagine there may be steps to take with the city upfront to determine if in fact the ground on the lot can be built on, but some general guidance or tips on best place to start and what to expect throughout the new construction process in Buffalo.