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2 January 2025 | 0 replies
Here are a few quick FAQs that can help you decide how much you should prioritize staging as you prep for your move.What Is Home Staging?
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
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17 January 2025 | 6 replies
You want to find a balance of investing experience, but strong track record of multifamily sales (which you can see on their Zillow profile).
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17 January 2025 | 9 replies
Would you share 3 specific things I should do during my "training period" (if it includes a book, which one)?
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22 January 2025 | 12 replies
If you are on the fence with the above, then you should sell now as you enter the spring market.
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16 January 2025 | 2 replies
The 1% rule is best only used as a quick and dirty evaluation used to pick which property you plan on running additonal calculations on.
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16 January 2025 | 19 replies
While real estate values do rise over time, if you can't cover your bills during the downturns to get you into better times to sell, you are likely to lose money.
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21 January 2025 | 20 replies
You wouldn't be competitive with the price you stated in your post.
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16 January 2025 | 1 reply
This is prime real estate, and is just about the last piece of land in this area.I have begun to develop a commercial property that I own with contractor garages, which is the extent of my experience in this space.I'm trying to get a sense of how to structure something like this, with using LP's, and also partnering with a builder, and carving something out in that regard.Does anyone have recommendations on who is currently working in this space and could provide some insight?
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20 January 2025 | 31 replies
This would help you get going.You might be able to make these a little nicer and force appreciation and a little higher rent.Either way rents will go up over time and the mortgage with remain constant.Maybe even make one unit a STR which could see higher income.I'd be ok with break even or a little bit negative on a Quad given you have 4 properties in one.If you're only breaking even you still have depreciation and other tax write off to help you out.I usually make people 3 offers.