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11 January 2025 | 9 replies
Quote from @James Hampton: How about a quick check before you have to charge a screening fee?
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27 January 2025 | 7 replies
For STR people we charge them 1.5 months rent and make them do all light maintenance
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19 January 2025 | 8 replies
With the transfer tax - you're being charged 2% of the property value (not the loan amount)!
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13 January 2025 | 14 replies
We are currently charging $1300/unit/month and expecting to be charging the same this coming year.
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26 January 2025 | 51 replies
And you can also buy them when they're beaten down and underpriced due to market overreactions like currently, due to rapid rise in US 10yr rate.I've read and watched multiple Good Egg offerings and they are typical of many feeder funds and to be fair like many primary GP/syndicators as well for both taking on unnecessary risks and also charging confiscatory fees, as #1 they have no skin in the game and #2 they get a big cut up front whether project fails or not, find GPs that are investing >10-15% of their own cash into every deal.good luck and sorry this happenedlooks like they are a fund of funds setting up crowdfunding to invest in other offerings.
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13 January 2025 | 7 replies
But a specialist could be helpful if you have unique situations, want to explore advanced strategies, or simply save time.Cost varies - some charge hourly, some a flat fee.I'd recommend checking the tax pro button on top of the page and scheduling a free consultation.
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21 January 2025 | 14 replies
one thing is your lending your money way under what private money should charge. unless your just doing your friends a favor..
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30 January 2025 | 47 replies
Basically, refund any and all down payments, interetest charges, processing fees, late fees, etc.2) I beleive Dodd-Frank only applies to owner-occupied properties. - Hence why all the DSR loans we've seen have a required document the borrower signs that states the lender will start foreclosure proceeedings if the borrower ever occupies the property.Please correct me if I'm wrong or clarify anything I missed.
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16 January 2025 | 6 replies
I am working with a RE-focused CPA this year who charges a flat fee of $2,500 and is very responsive so far.
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24 January 2025 | 9 replies
Have the co-op take out a loan for 60% of building value, then charge buyers 20% of value in cash for each unit.