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16 October 2024 | 16 replies
As an investor/agent, am I legally able to pay a bird dog a flat fee or a percentage out of my profits ?
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15 October 2024 | 34 replies
The tantrum to not create "organic" relationships via posting.
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15 October 2024 | 2 replies
Simple enough.What makes it unique is that we have operated a profitable and successful business out of our home for nearly 4 years as a highly booked Hostel and event space + potential urban market farm.
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16 October 2024 | 22 replies
Back in NY I shadowed the construction on 2 houses my uncle bought from foreclosure and needed rehab which were then sold for profit.
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16 October 2024 | 13 replies
They fall in 2 categories:1) Those that will directly profit from doing business with you2) Those that are just trying to give you advice.Why do you think the posts from those in group #1 are the positive ones?
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16 October 2024 | 5 replies
I could have expanded my portfolio sooner if I had recognized the potential of using financing strategically.For example, after selling my HUD foreclosure condo in Northern Virginia for $440,000, I reinvested the profits into additional properties.
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15 October 2024 | 0 replies
Cost segregation can help boost cash flow, create substantial tax savings, and increase the profitability of the warehouse operation by accelerating depreciation.A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental property or nonresidential real property that are depreciated over 27.5 and 39 years, respectively.
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15 October 2024 | 1 reply
If the rising values had reflected property improvements and upgrades (rather than massive profit taking) the rapid rise in prices would have been justified.
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15 October 2024 | 2 replies
A few quick tips:Run your numbers – Flip for a profit by factoring in renovation costs, holding costs, and market trends in the area.Line up financing early – If you're using a VA loan, it's great for long-term holds, but for a flip, hard money or private lenders might fit better.Build your team – Lean on your local contacts (family, friends, or contractors) to be your boots on the ground.
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15 October 2024 | 26 replies
I target cheap C+ class homes because turnovers amongst this class of tenants is almost zero, and the profits are much higher.