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4 February 2025 | 17 replies
For example we pay our own income taxes, broker splits and all of our other expenses directly out of what we make including required E&O insurance, MLS dues, licensing fees, Board of Realtor dues, continuing education costs, marketing, advertising, office fees/rent, transaction coordinator/ assistant fees, health insurance, car insurance and maintenance, gas, tires, software, retirement fund, etc.We are not W2 employees with payroll taxes already taken out of our paychecks, company-paid health insurance and matching retirement account plus a guarantee of at least 40 hours paid work per week, sick pay, paid vacation… none of that.So if you’re thinking you’ll be able to pay an hourly wage typical of a W2 hourly employee like $50-85/hr… that’s definitely not going to work.
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25 January 2025 | 24 replies
I live it in for almost 2 years and I then turned it into a rental when I went to work in the UK and continue with my PhD.
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13 January 2025 | 2 replies
Insurance is definitely an issue there, and will continue to be.
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22 January 2025 | 56 replies
The fact I can go to my kid's golf game today, yet still catch a vendor overcharging me $81 the day before on a SFR in Georgia makes me feel the systems that are in place, plus the ability to manage sacrifices has paid off.I've had the same team in most of businesses for almost 8 years, and have a growing RE team that continue to impress me.
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6 January 2025 | 3 replies
Currently, I’m actively expanding my portfolio in Austin, Tempa, Dallas, Houston, where I’ve seen significant growth and demand for multifamily housing.
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8 January 2025 | 5 replies
@Dominic CampeloWith your contracting expertise and business growth, you’re in a fantastic position to enter real estate investing.
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14 January 2025 | 9 replies
It is mid year and this tenants mom (co-signer) wrote the following note;I am writing to formally request the early termination of my child's lease at location in San Jose due to a medical illness that renders him unable to continue attending college.
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26 January 2025 | 21 replies
PM made a couple attempts to collect and then offered to cover the damage because toilet replacements are not that costly and continuing to pursue the damages did not make sense for them.Airbnb is supposed to cover guest damage but if they refuse to pay for guest damage their insurance has reduced value and cannot be relied upon.
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30 December 2024 | 103 replies
Multifamily is top of mind since it provides a mix of efficiency and long-term growth.
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17 January 2025 | 24 replies
Based on experience, the existing accounts for the Quest Solo 401k plan can continue to be used and simply be governed by the new Solo 401k plan going forward.