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27 August 2024 | 19 replies
Things will get interesting if the agent insists on dual agency and getting paid on both sides.
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30 August 2024 | 0 replies
For business owners, having a separate legal entity, such as a corporation or limited liability company, provides the unique ability to create a credit identity with business credit reporting agencies, also known as a business credit profile.Reality check: > Funding your business with your home equity or personal savings/guarantee is a HUGE risk > ~45% of Small Businesses applied for a Business Loan in 2023 > Less than 2% of SBA Loans are actually funded/approved > 29% of Small Businesses FAIL because thee run out of Capital > Your company’s name on a credit card is NOT corporate credit (if you used your FICO score to get it) > Business (EIN) credit will open new ways to finance your growthIf you keep doing what you've always done, you'll keep getting what you always got!
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31 August 2024 | 22 replies
That would put you between probably $3500-4500 depending on dp, property taxes etc. 85k salary, let’s say you are taking on home 60k, like even with house hacking, you’d simply at best be extremely house poor, at worst would be challenged to afford the mortgage, the vast majority of people buying homes in our area at this point in the cycle for a variety of reason are dual income households, tbh for a single person making 85k a year, you are just much better off renting or moving to locol area if remote or hybrid.
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29 August 2024 | 4 replies
The neighborhood is desirable, so renting it wouldn't be difficult but it would be niche because of its size (4/3, office, dual living rooms, game room).
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30 August 2024 | 7 replies
@Armstrong Maignan Hey, I can’t give you my email on here but my agency is called EffIn systems.
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27 August 2024 | 5 replies
Hello everyone,I began my real estate investment journey in 2016 while pursuing dual degrees—an MBA and a Master's in Computer Science.
28 August 2024 | 2 replies
The other option is to form an LLC prior and both go on the loan in terms of dual borrowers so that the land is used from one owner and the assets or cost to build is coming out of the other partners funds.If you do not own a primary home you can build a home with as little as 3.5% down but cannot use an investor for that option.
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25 August 2024 | 10 replies
At least in Oregon were dual agency is alive and well..
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4 September 2024 | 84 replies
When a business is first scaled you have to generate more revenue to create the same pay to yourself.For instance if someone has a marketing agency and makes 400k a year running themselves with just a few people then the business starts ramping up more and more.
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28 August 2024 | 10 replies
Foreign LLC Registration Dual State Requirements: If you form the LLC in your home state, you’ll likely need to register it as a foreign LLC in the state where the property is located.