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18 November 2024 | 1 reply
We paid $232,447.36 out to 36+ different trades & vendors for this home.This $232K creates jobs and promotes growth because it is spent and recycled in the economy, creating a ripple effect.Congratulations to the Greatleaf Homes Team for another new construction home closing today!
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22 November 2024 | 92 replies
All in for example, 75k, rent 1600, thats 2% + That gets me going :) 15-20% net, so this is after any forecasted vacancy, repairs, property taxes etc.
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19 November 2024 | 24 replies
I always make sure that the draws are commensurate with the amount of work (and specifically the trade) performed to date.
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17 November 2024 | 1 reply
I negotiated this property by trading my owned property for this one, as it was a brand new property in an area being developed.
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18 November 2024 | 11 replies
Remember that you’re incurring a vacancy loss every day you don’t have a tenant in place, so you should consider the trade-off here.
15 November 2024 | 14 replies
All younger people should be considering trades right now as that industry will be paying more and more over time.
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15 November 2024 | 6 replies
@Eduardo Sandoval Ramirez - Absolutely, you are just trading paper for a profit.
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17 November 2024 | 30 replies
I first want to emphasize to real estate investors, the difference between the tax treatment of rental income derived from an active trade or business compared to investments.
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17 November 2024 | 6 replies
My opinion, a rate a buy down isn't usually worth the trade offs vs keeping the cash in hand.