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22 February 2025 | 4 replies
Purchase price: $340,000 Cash invested: $110,000 This is my first rental property.
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23 February 2025 | 3 replies
Your adjusted cost basis is the purchase price plus capitalized improvements minus depreciation.
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11 February 2025 | 7 replies
My partner is a builder in the LA area and his client posed an interesting question for him that could affect financing in the future.
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21 January 2025 | 74 replies
@Roberta Allen - i purchased with the upgrades.
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17 February 2025 | 7 replies
While not mandatory to purchase in an LLC, I would recommend it.
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22 January 2025 | 20 replies
If there is a tenant in the property expect that they will likely leave within 6-12 months after you purchase so you can expect to do a rent turn and budget for that.
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2 February 2025 | 9 replies
This client chose not to use our services and instead, tried to self-manage their primary.
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28 January 2025 | 4 replies
Evan, As a local broker, I’ve assisted many clients with the entity transfer process, often referred to as a "drop and swap."
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10 February 2025 | 62 replies
The lender For the DSCR loan uses the $195,000 purchase price plus the $45,000 To come up with the purchase price plus rehab.
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20 January 2025 | 62 replies
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