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15 August 2024 | 0 replies
I wanted to share some insights I’ve gained while working with new construction duplexes in Indianapolis.
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17 August 2024 | 16 replies
Wow, I love hearing about the sacrifices you were able to make to gain the financial independence.
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15 August 2024 | 4 replies
An Architect can look out for your best interest in the project plus can bring all the Engineers necessary for the build (Civil, Structural, MEP, Sprinkler/Fire suppression, etc.)As far as the build itself, if it's in an established city or town on a tax lot, then you'll need to go through the design and permitting process, gain zoning approval if necessary, and then build up from there.
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16 August 2024 | 2 replies
This is a two-way interview, so have a short list of questions to ask the mentor (What books do you recommend I read to gain a better understanding?
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15 August 2024 | 7 replies
A 2-4 unit as highlighted by others above is a great way to reduce costs of living, gain equity, and eventually move on while retaining the asset for cash flow.
14 August 2024 | 1 reply
When you guys calculate ROI on a rental property do you typically include the equity gain from paying down your mortgage?
14 August 2024 | 7 replies
Your best best is roughly break even on most properties or maybe a small gain.
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17 August 2024 | 19 replies
There is a learning curve, but I'm sure you are gaining practical knowledge along the way.
14 August 2024 | 0 replies
During that time I gained a greater understanding of real estate and what was once a small interest became a very passionate pursuit.
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15 August 2024 | 29 replies
If an Accountant, a CPA or a tax preparer or anyone who is giving you this advice ...... ( I am not saying anything ).Here is another think - as you are flipping properties you do know that you are supposed to pay estimated Income Tax on your gains.