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11 October 2018 | 3 replies
The company that sells the training materials is a subsidiary of a Real Estate company.
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11 October 2018 | 3 replies
The person doing the work should provide a written invoice with materials and labor broken out.
25 October 2018 | 193 replies
I'm sure there are plenty of sites where you can promote the Stock Market, puts, calls, hedges, bonds, day trading and such.But, real estate is far safer than the Stock Market for the average investor and real estate has far more benefits for the average investor.
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14 October 2018 | 5 replies
If it is a rehab with no plans on paper, then the house is already there and once demo is completed, I would engage all the subs so that they can see "behind the walls" where and whenever necessary to avoid the change orders as much as possible.I typically create the SOW and give that to the subs to bid, they in turn calculate the materials needed and the labor costs and provide the bid from there.
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18 October 2018 | 10 replies
I have written about this topic a lot, because its an often confusing and tiring conversation for most.The facts are easy thought;If you want to be hands on and very involved (i.e. reviewing paperwork, interviewing trades, selecting materials, etc) then you shouldn't hire a GC.
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15 November 2018 | 16 replies
I feel like the state of Iowa is tenant friendly state and you better be really promoting that vacancy.... you are 100% right it's hard to rent in Iowa in the winter.
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30 January 2019 | 10 replies
They promote their software and the metrics that go along with it.
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3 November 2018 | 2 replies
Plus, they have excellent educational material and great mentoring.PM me if you have any questions.Good luck.
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11 October 2018 | 13 replies
In other words, everything is possible without affecting the due on sale clause.Something else to add here, I'm going overboard but since you might be having a lot of looses you want to make your return audit-proof:You must materially participate to deduct any tax losses from your airbnb activity.Use of a management firm makes material participation less likely.Use of a management firm increases the possibility that you will not be involved in day-to-day activities, and that lack of involvement will cost you any claim of investor time for material participation purposes.The IRS questions whether drive time counts for material participation purposes, and the court in Toups denied drive time as material participation time.
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31 October 2018 | 5 replies
It's only a stepping stone to break free.While you are slaving, eat ramen, roommate up or live in trailer, avoid Starbucks and tuck every dollar you can squeeze out into a bank account. need 20% down and money for materials. so for 80K home (trashed), you will want 35K banked to get started, just a rough idea.Get a pro account on this site so you can access the PRO only blogs and avoid all the goofy stuff that can confuse you sometimes.Take NO advice from salesmen such as realtors/brokers.