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29 January 2025 | 25 replies
When I call the most seasoned person Allan Howell he gives me great info but doesnt know the specifics. yet you call others and they know it like the back of their hand.I have learned a lot from this process and am grateful for so many members commenting on my posts and helping me learn more about being an investor.
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22 January 2025 | 8 replies
Specifically, I would encourage you to continue to seek local opportunities for equity growth as well as seeking out-of-state or upstate opportunities for cash-flow (i.e.
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29 January 2025 | 12 replies
With the massive increase in STR properties in the US, I am hopeful that lenders and appraisers will evolve to apply income/exp metrics to STR deals specifically, on top of generic property comps.
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29 January 2025 | 11 replies
DSCR loans are a great option for investors looking to scale their portfolio as they are property specific and allow you to close in an LLC
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15 January 2025 | 13 replies
I've had some not happy when I have asked them to split it out.I've tried asking questions to the IRS customer service reps, and didn't have the best luck.While I cannot cite a specific official guidance on this issue, I consider debit cards exempt.
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4 February 2025 | 87 replies
I work with our project manager to get the property fixed up according to the specific property which may be fixing it a lot or a little.
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31 January 2025 | 12 replies
The short-term rental (STR) loophole allows for different treatment of rentals with an average stay of seven days or less, but this doesn't change the REPS hour requirements.There is no official IRS form specifically for documenting REPS hours.
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5 February 2025 | 38 replies
A post on the official Norada Capital Management website from 2022 (attached screenshots in addendum), boldly states the following:“Norada Capital Management offers investors opportunities to invest in Promissory Notes with fixed rates of return ranging from 12% up to 17.5% per year,” ( Link ).In explaining the use of proceeds from the promissory notes—specifically the entities Norada Capital Management, a private equity firm, supposedly lends to in order to generate these high annual rates, the company states that:“Three of those five categories that our company invests in as a private equity firm include e-commerce-based businesses very lucrative area, especially if you’re in the right area of e-commerce.
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19 January 2025 | 7 replies
@Sofia Komrskova The biggest selling point for me is access to the existing network of IMTR relocation specialists which would take years to build up on my own and I have had zero luck on BP getting any feedback specifically for relocation specialists.
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2 February 2025 | 20 replies
Pre '2010', maybe just maybe it will lean heavier on the fundamental mechanics than specific processes.