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31 December 2024 | 418 replies
Doesn’t matter if the sponsor is the largest firm on Wall Street; doesn’t matter if the Guru is a well know TV personality; doesn’t matter if the person selling the get rich program is President of the United States or Premier of Russia; those that do not do a complete and thorough due diligence are open to losing their investment.
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9 December 2024 | 3 replies
Please reach out if you have any tips; just here to learn!
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9 December 2024 | 2 replies
Quick tips…✅ Everyday Homeowners - track all home improvements as you could qualify for energy efficiency home improvement credit - new exterior windows, new central A/C, new hot water heater, new insulation material.✅ Investors - Keep detailed records of ALL rental property expenses to reduce your taxable income - helping your CPA spot additional tax saving opportunities.Imperative to use a CPA who is well versed in Real Estate tax code.My CPA is just that - DM me to get his contact information....
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17 December 2024 | 20 replies
This was due to finance arbitrage like many retail bankruptcies, They were selling furniture/TV/appliances for 2 decades financed at 3-4% and borrowing at 2-3%, now their billions in floating rate notes are at 7-8% but only getting the fixed 3-4% for the washing machines etc They lost 77 mil last year and rising fast so had to Chapter 11 to stop the bleeding.Next 1-2 years will be very interesting in markets/CRE etc.
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7 December 2024 | 12 replies
If you have any tips, tricks, or advice when it comes to flipping, BRRRRing, or development, we would greatly appreciate it!
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14 December 2024 | 15 replies
A good tip is to reach out to contractors, visit local supply stores, and check out online resources for cost ranges.
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10 December 2024 | 8 replies
im in the process of doing that right now any tips so i dont overspend on reno since a nonconforming duplex is more valued at cashflow than the arv
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11 December 2024 | 35 replies
Any advice or tips?