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13 November 2024 | 22 replies
If so, you will need to rollover those funds into respective money sources of pre-tax and Roth. 2) Analyzing whether to use IRA or Solo 401(k), is fairly straight forward, when the intent is for you to have your own business and want to use the funds for real estate investing.
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9 November 2024 | 7 replies
Many states allow landlords to enter the property with appropriate notice (often 24-48 hours) for repairs, even if minors are present, as long as it’s done respectfully and with prior notice.Discuss Lease Terms and Future Considerations: If this continues to be a recurring issue, consider including a clause in future leases addressing tenant responsibilities for cooperation with maintenance and repairs to avoid escalating issues.
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8 November 2024 | 2 replies
I am dedicated to creating environments that meet the needs of both tenants and business owners, while steadily growing my portfolio through smart investments.
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12 November 2024 | 17 replies
Calling respected contributors with significant experience in wholesaling “ridiculous” doesn’t add to the discussion.
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8 November 2024 | 5 replies
For both short- and mid-term investors, the market's diversity and relatively lower entry costs make it an attractive option.FYI - Philadelphia has a tenant-friendly legal environment, which can present certain challenges for landlords
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12 November 2024 | 18 replies
60% LTV is not that low, particularly in a higher rate environment where the debt service coverage requirement (cash flow) is now limiting LTVs to 60-70% in many cases anyway.Separately, should be able to get a commercial loan with a rate in the 6s.
10 November 2024 | 13 replies
My exterminator won’t kill bees, they are important for our environment.
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13 November 2024 | 34 replies
Definitely none of my business to give any legal advice however, in respect to qualifying for a DSCR loan and using an entity, this is what I have seen.
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13 November 2024 | 18 replies
I treat tenants with respect.
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11 November 2024 | 16 replies
The purchase prices were 170k and 180k respectively and the budgets were 90k and 100k respectively and they could've gotten a better rate with a credit union, but a credit union will not supply the rehab funds - HML does. 3) The application would be taken in, project numbers would be held up to lender guidelines according to your exp and your credit.