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13 August 2024 | 97 replies
It's not required in CA, for instance, and in CA you can get a prescriptive easement in just 5 years - without paying taxes on the property.A quick Google search showed me that in TX it looks like it's 10 years to prove an easement by prescription.
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9 August 2024 | 16 replies
Different coaches specialize in different things, we specialize in accredited investors buying off market properties, with little down, for instance.
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8 August 2024 | 14 replies
Inflation, for instance, can raise property prices, but this doesn't necessarily translate into a real increase in value when adjusted for the cost of living.Demand can also drive appreciation, but there are factors that could cause demand to decrease.
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6 August 2024 | 8 replies
For instance a property that I purchased in May 2023, was homestead and the property taxes were around $3500.
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7 August 2024 | 7 replies
In some instances the multi family property will be more lucrative while in others maybe it is the single family property.
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15 August 2024 | 86 replies
You aren't profitable in many instances for a couple of years, the same with real estate.
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11 August 2024 | 49 replies
Places like Alabama or Tennessee seem to check all your boxes, at least on a preliminary basis: plenty of deals will cash flow, the weather’s warm, and the risk of hurricanes is low.For instance, I’m in Birmingham, and you can purchase a rent-ready single-family home in a B/B+ neighborhoods here for about $100,000 to $130,000.
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5 August 2024 | 3 replies
Imagine whatever the specific goal is-- maybe 100 rental units paid off for instance.
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7 August 2024 | 23 replies
I think people have a fundamental misunderstanding of the goals of the lawsuit & even of doj, the goal was stop what imo was clear collision & basically make real estate more like any other business, there is no public list that shows the average amount a lawyer or doctor makes, people go see what services they are offering, see if they like a person and make a decision on value, some lawyers or plumbers make more than others, I have a a plumber for instance I’m probably “overpaying” because I like the guy and he shows up and does good work.
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5 August 2024 | 3 replies
Our priorities in terms of market is there needs to be- anticipated economic growth (lots of tech companies are moving into Columbus),- prices need to allow us to buy in all cash (400k or less, ideally up to 300k),- we want the area to be safe (when looking into places like Dayton, OH or Memphis, TN for instance it looks like all our boxes are checked on paper, numbers wise but we realized quickly there are a lot of unsafe areas and we could have the potential for problem tenants)- yearly expenses to be relatively low (i.e. we are avoiding NYC and the tri state area, California, etc. for having extremely high taxes).Is our initial analysis on the right track for Columbus?