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9 February 2025 | 12 replies
@Kristian Forbes Sounds good, same to you if you're ever up in the St.
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2 February 2025 | 1 reply
Hello I picked up a deal just outside of 1604 near San Antonio that I believe is great opportunity.
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29 January 2025 | 3 replies
Quote from @Pamela Rivas: Hi Natasha,Here are some key points to consider about setting up a Mexican corporation:Setup Costs: $1,500–$3,000 USDOngoing Costs: $1,000–$2,000 USD/year (accounting and tax filings)Benefits: Tax deductions for expenses like maintenance, repairs, and managementBest for: Multiple properties or income-generating investmentsWhile a corporation is ideal for managing multiple properties, it’s NOT required to obtain an RFC.
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9 February 2025 | 2 replies
you are going up against people and companies that spend thousands or even tens of thousands of dollars a month in marketing.
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8 February 2025 | 4 replies
When it's sold it will be taxed as capital gains tax and may also have some unrecaptured depreciation which is capped at 25% and recaptured depreciation as well which can be up to your ordinary income tax rate.
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29 January 2025 | 28 replies
.), and anything else that is important to them.Ask follow-up questions to dig deeper and learn more (without being too intrusive) then jot down any relevant notes so that you can reference them down the line during your follow-up calls.
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2 February 2025 | 9 replies
Upon move-in, appliances, cabinets, floors and walls all had built-up grime and residue from your habitation of the home.Infestation of bugs, pests and rodents-There was no attempt to treat the house for pests, as evidenced by the more than 15 spiders we have already seen in the basement, and the live, active wasp nest in the patio fence.Floors, stairways and railings in poor condition-The carpets are stained and smelly.
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29 January 2025 | 3 replies
It surprised me that he found a good BRRRR deal on a DM from a forum post... so here I am (because why not open up every avenue I can to reach my next goal.
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5 February 2025 | 8 replies
Buy: $284,900Rehab: $115,000Holding: $16,500 Points: $3,413 Selling fee: $30,000Insurance hold: $2,000-$2,500 (maybe get back $1,000-$1500 if you close quick)Other title/escrow purchase: $2,500ARV: $500,000Profit: $46,587 (9.25% approx) I would do the deal, especially if you get that gap for rehab closed 3-4 months and tighten up the rehab costs too ($100,000)
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7 February 2025 | 0 replies
Purchase price: $417,500 Cash invested: $37,575 Technically a single family by zoning, though set-up to be a duplex, with 3 beds and 2 baths per unit.