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14 November 2024 | 5 replies
Any hurdles or was it fairly straight forward?
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15 November 2024 | 3 replies
It's great to have you here.Here are some recommendations for you:Find and connect with other BP members that are in your area: http://www.biggerpockets.com/m...Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...Read Beginner’s Guide: http://www.biggerpockets.com/r...Check out BP Money Podcast: https://www.biggerpockets.com/..
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17 November 2024 | 18 replies
I appreciate the straight forwardness and will write down these tips so I can be better.
15 November 2024 | 4 replies
These are the keywords that stand out to me in your question:sources, websites, best deals, systems, step by step, factors.You are focused on all of the wrong things.
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12 November 2024 | 8 replies
This needs to be highlighted in the lease and acknowledged by them.Security Deposits: You can’t use their security deposit for routine cleaning, but if they leave things in bad shape beyond normal wear and tear, it’s fair game to deduct cleaning costs.I’d start by having a straightforward talk with them about the importance of keeping things clean for health reasons and property preservation.
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21 November 2024 | 305 replies
Communication with them isn't always straightforward, as they are notorious for taking 2 or 3 days to respond to my texts.Looking forward to your insight on this!
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13 November 2024 | 11 replies
While, a reservation on Furnished Finder or Airbnb, for example, might be a bit more straightforward.
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13 November 2024 | 22 replies
If so, you will need to rollover those funds into respective money sources of pre-tax and Roth. 2) Analyzing whether to use IRA or Solo 401(k), is fairly straight forward, when the intent is for you to have your own business and want to use the funds for real estate investing.
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12 November 2024 | 5 replies
In the meantime, I'd recommend using the search function and set up keyword alerts to find other questions on land wholesaling, best investment strategies, and any other topics of interest.Excited to hear what you and your son have in the works, all the best!
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13 November 2024 | 13 replies
These loans often have more straightforward qualification requirements for investors with multiple properties but may have slightly higher rates.Cash-Out Refinance on Your Single-Family Rentals: If each has around $70k in equity, a cash-out refinance could provide some capital for the down payment, renovation costs, or even help you buy the 4-plex outright.FHA 203(k) or Conventional rehab loan: If you’re planning to occupy one of the units as a primary, FHA’s 203(k) loan or a conventional renovation loan could help with purchase and rehab costs at lower interest ratesPortfolio Loan: Some local banks may offer portfolio loans for investors with multiple properties.