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5 February 2025 | 7 replies
I think the first step would be to contact a lender and figure out our best options moving forward.
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18 January 2025 | 1 reply
Have you spoken to an immigration lawyer about your options?
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22 January 2025 | 21 replies
Also be aware of Unrelated Business Income Tax (or UBIT) on leveraged real estate inside of an IRA.Or better yet, since you are self-employed - go with a truly self-directed Solo 401k plan, which would be a much better option and will help you avoid the UBIT on this investment.
17 January 2025 | 7 replies
Account Closed a PMC has two options to get liability insurance (tenant slip & fall) protection:1) Get added to owner's policy as Additionally Insured (NOT named insured).2) Setup a master commercial policy and add every property they manage to it and then charge those owners the cost of the policy.Otherwise, a PMC CANNOT get liability coverage on a property they have no ownership interest in.So, nothing wrong with their request.
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20 January 2025 | 6 replies
I met with Wicked Smart today and was told they help you set up a lead sourcing system, help you structure creative financing - which is essentially lease option/purchase, subject to and owner financing....all strategies I am interested in learning more about.
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22 January 2025 | 25 replies
It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.
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17 January 2025 | 6 replies
There are a lot of options out there.Some of the most useful items BiggerPockets members have identified are features that save time so they can spend time working on their next property.
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23 January 2025 | 2 replies
There are a few options(1)You can get connected with the larger wholesaler firms in the area (2) go through PCPAO site and skiptrace the buyers of similar properties as yours, (3) hunt down the agents involved in the sale of properties similar to yours or go to local REI meetings and pitch it to the investors there.
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29 January 2025 | 22 replies
Focus on understanding the rental market, conducting thorough property inspections, and leveraging owner-occupied financing options like FHA loans.
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9 February 2025 | 8 replies
Normally we'd use a 1031 exchange, but since the cash of that property is going to be split, I wasn't sure what our options are.