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21 August 2024 | 7 replies
Most folks think that this is referring to a practice called basis shifting which would allow your moms estate to sell property to you at an inflated price in order to take advantage of the tax free step up in the estate.
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20 August 2024 | 21 replies
If the other tenants are complaining, then you may need to not renew the mom's lease because they will keep visiting her.
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19 August 2024 | 0 replies
For a more in-depth view of the Las Vegas investment market, DM me for a link to our blog site which contains more information on investing in general and investing in Las Vegas in particular.Before I continue, note that the charts only include properties that match the following profile, unless otherwise noted.Type: Single-familyConfiguration: 1,000 SF to 3,000 SF, 2+ bedrooms, 2+ baths, 2+ garage, minimum lot size is 3,000 SF.Price range: $320,000 to $475,000Location: All zip codes marked in green below have one or more of our client’s investment properties.What we are seeing:The chart below is from the MLS and includes all property types and price ranges.We're observing the typical seasonal slowdown in prices and inventory that starts in July because fewer people are buying properties and moving as school resumes in mid-August.Rental Market TrendsThe charts below are only relevant to the property profile that we target.Rentals - Median $/SF by MonthRents had a slight drop MoM ($1.19/SF vs $1.20/SF).
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23 August 2024 | 11 replies
Sadly, Mom can not keep up.Sometimes people need to face reality and move on.
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21 August 2024 | 9 replies
He has to hit certain markers that small mom and pops will never have to address in terms of yield.
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21 August 2024 | 5 replies
You shouldn't need mom's permission to invest.
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18 August 2024 | 3 replies
Reminder that the mom-n-pop restaurant where the mom and the pop each work 70 hours a week, and at the end of the day the net profit they pay themselves from is $80k in total.
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18 August 2024 | 1 reply
Also run a small, literally mom and pop, IT business.
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20 August 2024 | 17 replies
We're considering this more out of the benefits for my wife being a full-time mom, to become the PM for our properties, and therefore become a full-time REP.
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20 August 2024 | 81 replies
at first they wanted the deficiancy I went to bat for him and we got that waived.. and of course there was 7 judgements for 7 different moms for child support that had to come out of that 1.7 as well.. :) WE pulled it off and I was pretty proud of my negotiating skills against wells.. but it was running up on a quarter reporting end and I guess they just really needed that loan off the books..