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22 January 2025 | 14 replies
-Why not include a contingency line item in your construction loan rather than raise the contingency funds from your equity partners?
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28 January 2025 | 11 replies
I would stop work until an itemized scope of work and cost to completion is established.
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4 February 2025 | 6 replies
I use this type of system in a ten unit that I own because the cost to submeter each one was cost prohibitive I usually don’t include other items like wifi/internet unless it’s a furnished/short term rental.
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4 February 2025 | 14 replies
Items such as this that could be easily replaced by almost any LL at a very minimal cost, will turn into a $135 aggravation at best if you overlook it!
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7 February 2025 | 2 replies
To be sure, both deportations and tariffs will likely be carried out, but they will most likely be minute in scale vs US GDP.
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5 January 2025 | 17 replies
Focus on the big-ticket items and estimate costs.Financing: Whether it's private money, hard money loans, or a traditional lender, make sure your financing is lined up.
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6 February 2025 | 16 replies
The only item I would suggest is double check the payment terms of the your HELOC... in particular, can you pay interest only or are you required to pay a portion of principle each month on the amount utilized.
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17 January 2025 | 4 replies
The guy on Youtube that boasts about buying properties with no money out of his pocket and using other people's money from his "community" to pay for closing and carrying costs, said in a video in June that he had 10 Due on Sale called in AZ alone from Jan 2024 to May 2024.
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9 January 2025 | 20 replies
We all do the same thing, we just call ourselves different names and carry similar but different licenses:- CPA - Certified Public Accountant- EA - Enrolled Agent - Accountant - Tax advisor - Tax strategist- Tax consultant - Tax plannerIt all means basically the same.
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12 January 2025 | 28 replies
Here's a https://www.irs.gov/businesses/cost-segregation-audit-technique-guide-chapter-4-principal-elements-of-a-quality-cost-segregation-study-and-report to the IRS website noting specific items that are included in the cost segregation study report. hmm, that website is a 404 error.