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5 February 2025 | 21 replies
Quote from @Patricia Steiner: @Owen RosenNo...here's why it is 'additionally insured:" "An additional insured is anyone who enjoys the benefits of the insurance policy that is not the primary policyholder.
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8 February 2025 | 12 replies
Some flat-fee or investor-focused brokerages charge a minimal transaction fee, which can save you money if you're not planning to generate regular commissions.Additional Tips:If your primary goal is access to the MLS and flexibility in viewing properties, evaluate the costs of holding a license (e.g., broker fees, MLS dues, continuing education) versus alternatives like working closely with an investor-friendly agent.Consider whether the time required for licensing, post-licensing education, and maintaining your license is worth it for your investment strategy.If you need help finding an investor-friendly brokerage in Georgia or navigating the process, feel free to reach out!
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23 January 2025 | 5 replies
This defers capital gains and depreciation recapture taxes on the sale of your fourplex.After converting it into your primary residence, you may qualify for the primary residence capital gains exclusion ($250K single/$500K married), but only for appreciation after the conversion; gains from the rental period remain taxable.
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30 January 2025 | 6 replies
That way you can put down as little as 3.5% for FHA or 5% for any primary.
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1 February 2025 | 15 replies
That's a primary component to a loan being non-recourse.
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10 February 2025 | 10 replies
At minimum, stage the living room and primary bedroom to give it some warmth.That said, have you thought about cutting bait and putting your money into a market where the numbers actually work?
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20 January 2025 | 37 replies
I recently started with a new company that is paying for my housing, vehicle, and fuel.
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24 February 2025 | 29 replies
What’s your primary goal for the cash-out refinance?
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27 January 2025 | 2 replies
Going in, I have a HELOC that I can draw about 60k from my primary and then 25k in cash.
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4 February 2025 | 3 replies
RentRedi had no ability to manage this. 100 was the primary address of the property, which would show on google maps and such, and then 101 was an additional address that I legally owned and wanted to use (same structure).