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19 November 2024 | 111 replies
As many people have mentioned, open carry either makes you a target or makes others feel like you are the threat.On the subject of using a gun vs hands vs knives, it is most important to remember your brain is going to be your most powerful weapon.
8 November 2024 | 17 replies
I'm under the process of buying a house, not using a realtor.Contacted the seller through email and responds to me always.
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6 November 2024 | 1 reply
Purchase price: $274,995 Cash invested: $81,011 One-stop real estate investment, using a company that provides soup-to-nuts service (sales, closing, funding, property management).
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7 November 2024 | 7 replies
Using a strategy like a 1031 exchange can help defer this tax if you reinvest the proceeds into another property.
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6 November 2024 | 3 replies
If your paying out of pocket I would suggest considering using a construction loan.
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8 November 2024 | 6 replies
I am not currently using a property manager, so any other extra insulating layer that I can get is useful to me.
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7 November 2024 | 10 replies
SarahI’m gonna give a slightly different answer than others, figure out where/how you want to live within reason & than figure out a way to use strategies to make that somewhat affordable but using a strategy 1st approach is really risky in this market, because it might take 4-5 years to even break even vs renting, so you want to find a place you’d be happy to live for 4-5 years & than find strategies like house hacking that make that more affordable.
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8 November 2024 | 22 replies
For simplicity, I did not include closing costs or loan points in the purchase price numbers, but did include a fee of 10% of the sale price to cover closing costs, commissions, and minor repairs.ModelsBelow are two tables showing the IRR for the traditional rental, using a 20% down payment, and the BRRRR models using a 75% LTV loan.
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11 November 2024 | 65 replies
For starters, you are using a fake name, you have been asked about it multiple times and are not answering the question.You just posted the following___This is in direct conflict with what you posted below.
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11 November 2024 | 16 replies
If you have a lot of equity in your home I would first evaluate if it's possible to leverage any of that equity to acquire another asset that would produce more cash using a home equity loan or line of credit3.