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12 January 2025 | 2 replies
Understanding their motivations allows you to frame your offer in a way that aligns with their goals.
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18 January 2025 | 8 replies
It is what is left after snow removal, cutting the grass, utilities, tenant issues, parking lot issues, property taxes, mortgage payment, etc. that make a difference.
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11 January 2025 | 67 replies
Ultimately, it’s about aligning your goals with the right strategy.Makes sense.
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31 January 2025 | 46 replies
For your own posts, there will be the word "edit" or "update" to the left of the date.You can edit for about an hour or two after your original post.
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16 February 2025 | 27 replies
The repayment terms for a 401k participant loan are equal monthly/quarterly payments of principal and interest (typically prime plus 1%) over a 5 year term (longer if used to acquire your principal residence).Please note that if you take a full $50,000 and then pay back the loan, you can't take another $50,000 until 12 months after the first loan was fully paid back.Per the loan offset rules that went into effect with the 2018 Tax and Job Act: if you leave your job and the loan is current at the time you leave your job but then the loan goes into default because you left your job, you will have until your tax return deadline (including any timely filed extension) to make the loan current by depositing the outstanding balance into an IRA (and thereby avoid the taxes and penalties that would otherwise apply).Please keep in mind the multiple loan rules:Under those rules, the sum of the balances of a participant's outstanding 401k loans under a single 401k plan (using the highest outstanding balance of each loan over the last 12 months) can't exceed 50% or $50,000 whichever is less.
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9 January 2025 | 2 replies
I was recently sent details about a 20-unit apartment complex that I’m interested in, but the seller's asking price doesn’t align with the numbers I’ve run.
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19 January 2025 | 10 replies
Unless you are unknowledgable, my bet is you could make more from rent than sale, and still have the benefits of owning the original home while you go do something else.The 25K you have left in property will be netting you(gross) of $350 mo or 4200 per year.
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21 January 2025 | 10 replies
In my opinion, maintenance markups do not align incentives of the property management company with the owner client.
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21 January 2025 | 18 replies
At the national level, it's the best of the worst in that industry - a lot left to be desired in the customer service department but still better than doing it on your own.
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23 January 2025 | 56 replies
This was after I left 23 real estate seminars without signing up for any of them.