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11 December 2024 | 11 replies
For instance, a close buddy of mine in Chicago told me about a client of his who pulled out equity from a sleepy duplex and funneled it into a fourplex near Logan Square.
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10 December 2024 | 7 replies
Even if the property owner LLC is named as a co-defendant for construction related liability if you implement the steps I mentioned in my earlier post, in most instances construction related liability can be deflected to Builder or responsible sub contractors.
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9 December 2024 | 10 replies
The Phoenix market, for instance, has been seeing shifts that reward creativity and timing.
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5 December 2024 | 10 replies
For instance, the latest regulation in my state starts: "830 CMR 64G.1.1 repeals and replaces the regulation formerly titled as "Establishments Subject to the Room Occupancy Excise" and reflects the statutory changes enacted by St. 2018, c. 337 and St. 2019, c. 5."
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7 December 2024 | 7 replies
For instance, you cannot deduct labor on an unfinished flip until it is sold.
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12 December 2024 | 37 replies
In either instance, you were able to use the cash out for something and if you had left the interest rate alone, over time you would come out ahead (unless of course he put you into an interest only loan or something crazy).You're right that refinancing so many times can eat up your principal and since you were the one that signed the papers, it is your fault, but I stand by the assertion that no one got rich on one point.Stephanie
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4 December 2024 | 6 replies
In some instances it becomes apparent I will be awarded a better contract price if the listing agent dual represents the transaction.
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7 December 2024 | 15 replies
Once you have a shortlist, sign up for an account with each one and test them extensively to see how they function.
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4 December 2024 | 2 replies
We always leave those extensions and dates up to a client's CPA.
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30 December 2024 | 819 replies
not sure what your comparing it to though.but take Tyler for instance.. he plunked down some amount of cash I would suspect and pure guess in the 40k range for this property.. he could alternatively gone to Richmond CA and bought small bungalow or duplex for 200 to 225k and put 40k down and would cash flow neutral.. but his tenant would be paying down his mortgage note...