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15 January 2025 | 10 replies
While podcasts, books, seminars, and websites offer general knowledge, you'll buy a specific property in a specific location, subject to local rules and regulations.
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15 January 2025 | 12 replies
Orlando, Kissimmee, and Lakeland are hot for mid-to-long-term rentals, with Orlando's tourism and Lakeland’s logistics expansion driving demand.
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12 January 2025 | 12 replies
Just trying to gain a sense of hot or cold.
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7 January 2025 | 7 replies
Stocked kitchen, wifi, Hot tub, etc?
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23 January 2025 | 26 replies
Just make sure that anything that earn for this settlement is not subject to tax and if it is - allocate properly.
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8 January 2025 | 5 replies
I guess Air BnB is the newest hot topic.. nice southern gentlemen.. can't comment on his class or anything like that since I have not sat through it..
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7 January 2025 | 3 replies
Yes, any cash you take out of a 1031 exchange that isn’t reinvested into a like-kind property is considered “boot” and is subject to capital gains tax.
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11 January 2025 | 31 replies
A few thoughts on the subject from someone who made a living doing this until the laws changed on the West Coast.Most folks in foreclosure go into deep denial.
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10 January 2025 | 5 replies
If that isn't satisfactory speaking at a city counsel meeting about the subject would also seem appropriate.
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16 January 2025 | 23 replies
Hard to produce cash flow or break even with that much debt, at that rate.House-hackers, however enjoy certain one time (non-scalable) advantages that should be taken advantage of in the early days: - They can assume pre-existing debt like VA and FHA Loans (rather than take it on Subject-To which is dramatically riskier).- They can rent by the room and self-manage to produce day 1 cash flow.- Many of these HCOL areas also have strict limitations on AirBnB or short-term rentals... that do not apply to owner-occupants - thus allowing for extreme cashflow potential for house-hackers.