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24 January 2025 | 7 replies
Sometimes, buying an existing property can be more cost-effective and less time-consuming and maybe require slightly less permits, etc.
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20 February 2025 | 19 replies
This rental income may not be included in effective income.
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19 February 2025 | 34 replies
For this protection to be effective, it’s crucial to keep your finances entirely separate from the LLC’s finances.
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20 January 2025 | 1 reply
I would need to consult tax consultant for this however I expect to reduce my effective costs by ~$1,495/month (based on a 32% tax bracket).2.
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11 February 2025 | 15 replies
@Anthony Finelli check your mortgage paperwork for the Truth-In-Lending form to find your APR.APR is your effective interest rate including interest, MIP and closing costs.If you can refinance the rental at a cheaper rate than the APR, then you should!
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21 January 2025 | 3 replies
Service disruptions can understandably lead to frustration.From my perspective in the self-directed IRA industry, effective communication and responsiveness during transitions are crucial to maintaining client trust.
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27 January 2025 | 12 replies
Generally larger commercial properties and shopping centers are easier to classify with hard and fast rules, but to the points above the residential areas really move very quickly and have way more nuance than most people care to admit.zip codes are generally way too large for my liking at least in my market to provide any kind of insights other than macro level economics but even then highways or rivers that cut through a zip code can end up with totally different trade areas.we can get pretty granular with cellphone data and with grocery center data to understand the trade areas and their true boundaries, but that kind of data pull is generally only cost effective for investors doing larger scale projects or developments, and honestly we still just end up getting on the ground and feeling it out, so I generally tell people that the money is better spent on a plane ticket and weekend trip in the area you are looking rather than any kind of "trade area" level data studies.and generally B class in 1 area means something different than another.
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21 January 2025 | 5 replies
I don't believe "waiting it out" is an effective strategy.
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17 January 2025 | 40 replies
It's hard to guess how soon regulations will become effective.
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17 January 2025 | 13 replies
Selling slower here too--FL you have a lot going on--midwest has a seasonality effect.