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28 January 2025 | 11 replies
Consult with an attorney to provide a purchase and sale agreement in your respective state with an assignment exhibit included.
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24 February 2025 | 72 replies
Ideally I want a combination of the Burnham block duplex style but cleaner, and more usonian looking.
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5 February 2025 | 29 replies
Roll them all up and the averages are:purchase $154krenovate $47Ksell $232kThese are gross numbers, not including closing costs, borrowing costs, holding costs, licensing and permit costs, G&A, overhead, commissions, forward rate buy-downs, and lease-up fees, to name a few of the many expenses incurred.
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28 January 2025 | 11 replies
However, Montgomery County as of yet has not updated their forms or website, included the landlord/tenant handbook and they are still not enforcing.
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4 February 2025 | 7 replies
Based on my analysis, the ARV looks to be in the $720-740K range, and after running the numbers, I anticipate a profit of about $40K including all the junk fees and agent fees.A couple of things I’d love your input on:Do you think it’s worth getting another quote from a different GC?
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3 February 2025 | 7 replies
You can PM me if you like and i include my telephone below.
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9 February 2025 | 8 replies
The total cost including construction and permits (but excluding the land) comes to about $2.14 million.
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13 February 2025 | 9 replies
Once the 1031 is complete the LLC dissolves and again the property is distributed to the former members, including the properties just purchased in the 1031 exchange (which each member probably picked out for themselves).This method solved the feared "held for investment" issue.
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24 February 2025 | 30 replies
If they find out, then legally, contractually, they have grounds to retroactively void the policy and deny claims for *anything* it covers -- including losses totally unrelated to STR, like wildfire or a windstorm.
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23 February 2025 | 14 replies
However, long story short, yes there is, although I would recommend finding an advisor who is skilled in holistic financial planning that includes not just traditional stock market investments or real estate investments exclusively, but all investment strategies to help in your specific goals.In general though, you can either find a fee-only CFP that has expertise in real estate and other alternative investments, or you can find an advisor who is at the very least willing to have a conversation free of charge prior to any actual investments so they can give you a very good idea of whether they would be able to help you prior to beginning a relationship.