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20 February 2025 | 51 replies
. : never give a city inspector the lock box code before you get there lol…. or do try to stand in his way a bit lol -- that's awesome.... gives me an idea for the culture - and what they must be like lol.... anyways, Shiloh thank you so much - I appreciate it a lot.... great first day, checking the site out much appreciated !
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3 January 2025 | 3 replies
I started my professional career in medical device sales and still do that full-time.
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9 January 2025 | 2 replies
It could be a tactic to lock you into negotiations or gauge your seriousness.
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27 January 2025 | 10 replies
It gives them the breathing room they need now but doesn't lock you in long term at that lower rate.
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8 January 2025 | 6 replies
It’s in pretty good shape at this point, rentable.I travel a lot for work, and a friend gave me the idea to do a short term rental as a one bedroom, locking all of my stuff in the other bedroom and office - I applied today and was denied because I don’t own both sides of my HPR, even though I have written permission from the owner of the other half….
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20 January 2025 | 31 replies
That’s half the cost of Prime’s reduced rate.2nd, like everyone is saying, the cost of setting up and LLC is less than $100… closer to $50… if you just do it yourself through the state (not complicated).3rd, if you want someone to help you draft your operating agreement, hire a local real estate attorney and it will be significantly cheaper than $1660… probably cheaper than $550.4th, if you want someone to do your taxes and help you get your max deductions - talk to a CPA who specializes in real estate and they can review your operating agreement to see if you’re setting yourself up properly, and they can do your regular taxes… and be cheaper than Prime. 5th, a separate CPA can work with you regularly to review your investments and strategies to determine good tax strategies as you look to execute any deals. 6th - don’t lock yourself into a crazy subscription model before you start making money!!!
13 January 2025 | 7 replies
The interest rate is nice, if there was a way to increase the cash flow to ~15% or greater COC you could pull a HELOC on the property for 9% and collect the delta.again though, i would suggest selling it and trying to lock up a property or two with the proceeds that required some sweat equity, force appreciation through a reno, rent it out, refinance and repeat (BRRRR)
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17 January 2025 | 19 replies
In the end my tenant received a reward for being respectful to my property and I am now have this unit locked until next year with a small dip is gross rev!.
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23 January 2025 | 52 replies
I think the site lets more go now, but is still pretty heavy handed and quick to act on pulling down or locking comments a heated debate.
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7 January 2025 | 1 reply
All end buyers can see it on the market now and can buy it direct so what would the point be of you locking it up on assignment and then asking people to come back and buy it when they already could have bought it without paying you spread in the middle.