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7 February 2025 | 4 replies
My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!
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29 January 2025 | 1 reply
They were abandoned and needed significant work which wasn't a huge issue but in terms of HUD owned properties i heard there can be significant processing periods.
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28 January 2025 | 1 reply
While some reductions might increase short-term costs for investors, a more balanced budget could stabilize inflation and interest rates over time.
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22 January 2025 | 0 replies
How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.
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22 January 2025 | 5 replies
They also have a home vacancy tax in a lot of areas which applies to short term rentals.
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22 January 2025 | 9 replies
I have properties in the Buffalo area (a mix of long term and short term) but was looking into Syracuse also, so would be interested to hear the responses.
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30 January 2025 | 4 replies
Part of the motivation for congress writing Dodd Frank was to clamp down on the investors offering preditory terms re rent to own and seller financing and that view has carried into craigslist rent to own adds and you say zillow.
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20 January 2025 | 7 replies
If you had $50K in a Self direct IRA how would you leverage that to yield short and long term dividends?
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20 January 2025 | 3 replies
@Muhammad Kashif Flipping a property in 6–9 months results in short-term capital gains, taxed as ordinary income (up to 37% federally, plus NJ state taxes up to 10.75%).
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27 January 2025 | 6 replies
Hard money and private investing are both ways to finance flips, but they work a little differently.Hard money loans are typically from companies or private lenders that specialize in short-term, high-interest loans.