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10 October 2024 | 17 replies
Expect to pay transfer taxes based on the properties assessed value plus deed prep and recording fees when you make the transfer.
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9 October 2024 | 1 reply
To be a reliable and successful Private Money Lender, focus on building strong relationships with borrowers and real estate professionals, thoroughly assess each investment opportunity by conducting due diligence on the property and the borrower's financial background, and establish clear lending criteria to mitigate risk.
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9 October 2024 | 13 replies
Buy a townhouse in this development near where I live called Sea Colony:Details: $860k for a comfortable townhouse.Pros:Comfortable place to live for the next few years, and I’d still have liquidity to invest elsewhere.It is still in my current community where all of my friends live, so I would still be where I want to be location-wise.Will get appreciation.Cons:High HOA fees ($660/month) and potential 10k special assessment in the next few years.Likely won’t cash flow after we move, so unsure whether it would make sense to hold.3.
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10 October 2024 | 28 replies
I would personally never buy a condo for a STR.HOA feesToo many rulesRules can changeUsually too many other condos therefore nightly prices are depressed.New assessments for upgrades or repairs can be costly and you must pay them.
12 October 2024 | 2 replies
Before you select one, however, it’s important to assess the features and cost to make sure you choose the best one for your needs.Here are several things to consider when evaluating net worth trackers:Features and functionality: Some apps are very basic, while others offer more functionality.
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10 October 2024 | 9 replies
But, it’s worth consulting with a tax professional to assess whether any parts of the expense could still qualify for immediate expensing under safe harbor rules or another method to maximize deductions.
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9 October 2024 | 8 replies
Reflect on and assess the level of risk you are comfortable with taking on.
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8 October 2024 | 6 replies
(If you can not access your home at this point to assess, assume you'll be filing an insurance claim and keep reading.)In 2018 I had to file 3 Flood claims and 3 Wind claims on 3 different oceanfronts on Topsail Island during Hurricane Florence.
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10 October 2024 | 16 replies
Can’t agree more on this assessment
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7 October 2024 | 4 replies
The Blue Ridge Parkway is also closed, even up in Virginia while the NPS assess the damagehttps://www.nps.gov/blri/planyourvisit/gettingaround.htm