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30 September 2024 | 1 reply
I've used all the contacts that I can find through public records, but have had no success.
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30 September 2024 | 4 replies
As for privacy concerns, changing the name and being mindful of future registrations or public filings can help minimize the "breadcrumb trail."
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1 October 2024 | 24 replies
I don't make recommendations publicly for several reason.FWIW, I have 12-doors in Detroit.
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30 September 2024 | 24 replies
While dropping the price did generate some showings, it might be worth holding steady for now to avoid the perception that something is wrong with the property.
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29 September 2024 | 8 replies
So maybe just publicize it on FB market place
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29 September 2024 | 5 replies
Based on my reading of IRS Publication 523 (Selling Your Home), it appears that I must report the sale of the original property on Form 8949 and Schedule D, given that I received a 1099-S.
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4 October 2024 | 35 replies
Because our claim was so large $400k+ the check had to be signed by the adjuster (highly recommend a public adjuster), owner of the property, and then went to the bank to distribute draws as work was completed.I would assume if you sell the property the insurance check would likely go to the bank first (as the primary lien holder) and if anything is left over would come to you...
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1 October 2024 | 29 replies
I used to go to the sheriff sale and they would scoop up so many valuable lots and wouldn't allow bidding to the public.
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29 September 2024 | 11 replies
With 100 properties at those margins, the public markets would assign a 10x multiple on revenue, equaling a $258m valuation (100 properties * $21,500/month * 12 months * 10x).
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27 September 2024 | 11 replies
Additionally, placing the property in an LLC doesn't guarantee privacy for tenants, as they can still access public tax records and potentially trace ownership back to you.