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6 December 2024 | 51 replies
The difference is, if you don't specifically lay things out, you implicitly agree that the prenuptial agreement is the laws of the state you currently live in (or the future one you live in at the time of divorce).
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11 December 2024 | 5 replies
It does not make any sense whatsoever to wait.
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5 December 2024 | 4 replies
Quote from @Veronica Morss: I just finished rehab on my first Cleveland property and we're waiting on the lead certificate to come back which I'm told 30-60 days.
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7 December 2024 | 7 replies
Other than that not too much you can do, the only alternative post-closing would be to offer cash for keys for someone to move out quicker, but if it's short notice to vacate period like 15-30 days than it's probably cheaper to wait.
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8 December 2024 | 11 replies
Sounds like you're taking advantage of your favorable VA loan options smartly too.Good work - can't wait to hear about your next deal!
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10 December 2024 | 6 replies
Hi @Tim Holt I think in general house hacking is usually a good move because it gets you off the sidelines and into the game with the most favorable financing possible (30 year fixed).There's a lot of value in getting started today vs waiting some undefined number of years until conditions are better, which could be a long time from now, because real estate is a business and the sooner you start actually learning about that business, the better.With all that said, I always recommend that people analyze any potential house hack as a pure investment that they aren't going to live in, because someday they may want to move out and you should know up front (before you commit) whether you're going to be able to do that, or whether you're overpaying and will be stuck in the property unable to move out because it'll be cash flow negative if you do.So you had it exactly right when you wrote, "the property would need to cash flow when I move out and rent out all units."
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11 December 2024 | 12 replies
I'm in the same boat, wait and see.
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7 December 2024 | 4 replies
I am currently hunting down my first deal and cannot wait to start growing my portfolio.
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27 December 2024 | 66 replies
If you have been studying the market for many years you are just like how I was before i bought my first property waiting around to see and studying the market while prices continue to go up.
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10 December 2024 | 6 replies
If risks feel too high, consider waiting until your live-in flip is complete and your position is stronger.This post does not create a CPA-Client relationship.