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23 January 2025 | 9 replies
@Jim Stanley Keep in mind any expenses of your SDIRA asset must be paid for by the account that owns that asset.
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11 February 2025 | 14 replies
I know it's an expense, but you inherited the property at the "current value."
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13 February 2025 | 0 replies
This home has been highly operational with high rates of occupancy, bringing in anywhere from $500-$1500 a month in overage beyond our monthly expenses.
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11 February 2025 | 10 replies
Our program only requires a small 10% down payment on the purchase price and we will fund 100% of your rehab costs.
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28 January 2025 | 0 replies
While margin accounts exist for stocks, they're typically more expensive and risky.🤝 A Place for BothHere's the thing - it's not really an either/or situation.
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21 February 2025 | 2 replies
Meanwhile, investments in stabilized properties tend to require an investor with a lower return requirement.
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9 February 2025 | 173 replies
In reality the more expensive the house the less the work.
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8 February 2025 | 5 replies
Electric heat can be very expensive in the winter so I would always encourage landlords to have tenants pay utilities so they have some incentive to conserve.
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13 February 2025 | 1 reply
Since you estimate a resale value of $200-215K and renovation costs of $60-70K (although you said that's on the higher end), your margin is tight, especially considering closing costs, realtor fees, and unexpected expenses.
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13 February 2025 | 14 replies
This requires some effort and not just relying on a reference from someone or a quick glance at their fees.