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29 September 2024 | 13 replies
It is a large property management company, I will follow up for bank statements.
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29 September 2024 | 21 replies
If you were in my shoes, which of the following options would you choose and why?
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29 September 2024 | 6 replies
Bigger Pockets is a great place for education and networking and is full of great content.I recommend that you check out the following resources:1.
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27 September 2024 | 9 replies
.- Insurance deductible following a claim ($1,000).I believe the property won’t begin to depreciate until it’s in service, which seems to align with how TurboTax is set up.
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29 September 2024 | 6 replies
Learning to actually make and follow along with a monthly budget was one of the best things I did after getting married.
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27 September 2024 | 4 replies
Follow your guts and trust yourself
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27 September 2024 | 17 replies
@Andrew ThomasDm me, i can get you a game plan to follow.
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30 September 2024 | 30 replies
While it has it's rough parts, I've been following the market there the past (2) years and if you're a contrarian, like myself, I believe there's room for upside.
28 September 2024 | 19 replies
Operating Cash Waterfall looks as follows:1) Dad gets 10% pref on his unreturned capital ($4m * 10%) = $400k2) Dad / You / Sis split the next profits 20 / 40 / 40 - $80k / $160k / $160kCash Waterfall on a capital event (cash out refi or sale) as follows - lets say it sells for $5m in a few years1) First dad is paid back on his unreturned capital + any unpaid preferred returns - $4m2) Then balance is split Dad / You / Sis 20/40/40 - $200k / $400k / $400kYou could do management fees for additional involvement, fees upon a sale, etc - can go wild.
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27 September 2024 | 7 replies
Would love to connect and follow you on your journey.