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27 January 2025 | 12 replies
However, if single-family homes prove financially viable, I’m happy to continue building in that niche.Since these homes and projects are significantly cheaper than my market, the risk is relatively lower for me and can do at least two at a time.The ChallengeOne of the biggest hurdles is finding reliable contractors and subcontractors in the area.
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22 January 2025 | 4 replies
Selling now prioritizes liquidity and growth opportunities, while holding benefits from long-term appreciation and rental income.This post does not create a CPA-Client relationship.
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26 January 2025 | 54 replies
My suspicion is, in this relatively relaxed lending environment, you will do well to learn for 100-500 hours and then just get started.
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6 February 2025 | 7 replies
There are online platforms like Rentable.com that will handle opening the correct accounts / all compliance tasks related to managing deposits
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30 January 2025 | 19 replies
Was that a past career in sales, management, or something related to real estate?
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17 January 2025 | 3 replies
To learn how to solve a relatable problem.
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5 February 2025 | 6 replies
So long as your original fee to open the account is booked as a personal contribution to your business and all the transactions are business-related, it seems like your best solution until you get back stateside.
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24 January 2025 | 0 replies
I also wanted to benefit from tax saving before the years end with a new property purchase.
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5 February 2025 | 6 replies
However, the LLC is grandfathered in, and so they are saying we would be able to still operate this if we purchased and managed under the LLC.Obviously a lot going on here, and I am still relatively new to this world (would be first STR in Nash).
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26 January 2025 | 0 replies
I bought a single family because I thought I could house hack in the same way as a duplex and in ways it certainly could have and did work but I didn't expect the relational aspects of having people living in a property I purchased.