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5 July 2024 | 10 replies
Wholesaling has capital gains which eats into profits big time, I actually get tax write offs instead.
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4 July 2024 | 3 replies
An annoying fee, yes, and eats into cash flow and profits which is why you likely started on this endeavor, but the lengths people go to try to avoid what is, in the end, only $800 seems excessive sometimes.So, we don't have all of the facts or copies of any documents here, but generally, a trust only governs any assets that it owns.
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3 July 2024 | 12 replies
The condo will have monthly association fees that will significantly eat into your bottom line once you move and rent it out.
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10 July 2024 | 256 replies
Make sure money partners eat first.
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6 July 2024 | 24 replies
Tenants dog eats all window sills and moldings3.
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2 July 2024 | 5 replies
If you have any questions about the property, the rental process or even where to eat - please let me know!"
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3 July 2024 | 14 replies
(Yes, I know everyone wants to sit out their high horse and say to get permits but it's different when you are eating a 12% loan while waiting for someone to check your project).Have you spoken to the city about what type of permitting you need?
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30 June 2024 | 6 replies
We don't want to hand it over to the ones we did not like, as it may become more of a headache.If someone could advice what can be done next, would really appreciate it, feels like our options exhausted, but i don't want for the house just hang in there, eating interest.
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1 July 2024 | 12 replies
One last tip I've heard from flippers is to try to find an experienced flipper/investor that is willing to partner up with you on the deal and use their experience to get the hard money so you can get a lower interest rate so that doesn't eat more into your margin.