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4 March 2019 | 14 replies
If u plan on wholesales in OH and ur passionate about it get your license that way u dont have lose out on that opportunity on the wholesale....as for marketing ive personally have not done it but advice ive heard other wholesaler say is build a buyers list then go out and find the houses in distress and make yhe contract there... also if you have zero experience in wholesales go work for a company that does learn the trick of the trade especially of the legal paperwork involved than make it your business.
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6 June 2019 | 23 replies
:@Ali BooneAnd give up a lot of money doing so too It's a trade-off.
1 June 2019 | 3 replies
I don't really want to go out of state, If I can't visit and be personally involved with my properties I might as well buy into a REIT or the stock market instead.The triplex is a more modern building that I've sunk a lot of work into and is in nice shape ; It just recently got upzoned to residential small lot, and I currently intend to hold for another 3-5 years, then it will get traded up as well.So I'm not getting out, but I have modified my next-level plan to trade up and out of the seattle market.
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6 June 2019 | 11 replies
I am in the process of selling some of my SFR and Condo flip / holds that provided a good return on the flip but not the best Cap Rate or Cash on Cash returns so I am in the process of trading up via 1031 exchange to tri-plex / 4-plex / 8 plex etc.Would love to hear what's happening in different markets out there.
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22 April 2019 | 13 replies
I won't share any specific trade secrets of theirs.
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20 April 2020 | 6 replies
I worked with some new trades and should have looked at a couple more quotes but resources were sparse for availability.
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17 June 2019 | 12 replies
I’m not a cpa, so I would absolutely be 100% sure what the tax consequences are before I cashed out any retirement funds.
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5 January 2021 | 6 replies
You pay interest to yourself.Definitely check with a tax pro since this is high risk, but my understanding is that if you can liquidate a 401k early and fully pay it back to the 401k within 2 months, there are no tax consequences.
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26 February 2019 | 24 replies
My risk mitigating factor is that I have been in the trades for 20yrs and we could afford to drop to a single income family for a year.Is there anything that gives you a head up?