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3 February 2025 | 79 replies
I have cheap guys who do it 1/2 to 1/3 what you pay if call someone off Yelp.
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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26 January 2025 | 6 replies
Quote from @Chris Pontello: Hi Chris,Correct me if I'm wrong as I'm still learning creative financing solutions, but paying them some money would be if I could take over the loan.
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27 January 2025 | 12 replies
buy house find renter rent house maintain house pray they pay rent and dont destroy it.
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22 January 2025 | 4 replies
Quote from @Edgar Duarte: hi allI would love to get some perspective from your expertise, we have a property that we would have to sell in 2025 to avoid paying taxes on the capital gains, we believe we rcan sell it for $700K and get an equity of almost $500K after paying the mortgage balance, if we invest all of it option in index funds at 7% rate (standard com growth calculator), or in more rental properties as we are all here for, I can get the equity of around $900K.option B would be keep paying the house at 2.3% int rate while we have it in AirBnB and maybe sell it in 10 years for $900K, knowing that we would be paying taxes but it is not that bad still. or we can 1031 at that point?
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7 February 2025 | 1 reply
I pay for prop stream and love the amount of detail you can add into a search.
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31 January 2025 | 5 replies
You also need to consider that at a lower percentage of money down you will be paying a Mortgage Insurance Premium or MIP.
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28 January 2025 | 4 replies
You then will pay some long term capital gains, but you also have to take depreciation recapture.
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5 February 2025 | 4 replies
Furthermore if they are always paying they probably will stiff you in the end if they know they aren't going to get the deposit back.
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28 January 2025 | 56 replies
As a result, if that carrier goes under and is unable to pay claims, the state is not required to backstop the policy.