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9 November 2021 | 7 replies
Prop values are about 10x local household income.So on one hand, I'm eager to do my first deal, but on the other hand my gut is saying that market has topped out and is about to head down the roller coaster.
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12 November 2021 | 1 reply
Hi @Dan WynnReal Estate is universal in that everybody needs housing.There is nothing easy about it since we are dealing with people.Its about problem solving and adding valueMany households own another house or property but those with hundreds or thousands of units are few in comparison to the entire populationIts diligence, patience, integrity, kindness, humility etc
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9 December 2021 | 3 replies
Full disclosure on this answer, I work for a direct mail company.Pricewise, your best per-household cost is going to be through Valassis, Mspark, or Mailbox Merchant.
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11 December 2021 | 6 replies
Many have two or three generations in one household, pets, home businesses or multiple odd side gigs and second jobs—many have little to no credit because they use cash, have not been in the us long, or are undocumented.
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14 January 2022 | 13 replies
Usually low inflation is good for stability but wages never keep pace with higher inflation and costs are rising quickly, e.g. gas and food, so, with household income remaining steady, late payments will rise, putting notes in jeopardy.In these times, cash and junk silver are safe, all else are speculative, including gold and real estate.
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17 December 2021 | 5 replies
Our household income is about $13k monthly after taxes and payroll deductions (health insurance, 401(k), etc.)My wife and I have never been particularly fiscally responsible, although we live a fairly simple life.
3 January 2022 | 5 replies
Households in Stratford, CT have a median annual income of $79,430, which is more than the median annual income of $65,712 across the entire United States.
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9 January 2022 | 3 replies
I live in this multi-family so I take care of the grass/lawn, snow removal in the winter, etc - however, I plan on moving out this year so I'm in the middle of deciding whether to hire someone to take care of the outside work or include it into the lease for the tenants.For the lease agreement, I used the old one the previous owners had and made small changes but there's nothing specific to snow removal, lawn care, or other general household maintenance (changing light bulbs, air filters, etc.)
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3 January 2022 | 3 replies
Household income, renter vs homeowner, etc… Feel free to reach out to ask which area investor friendly agents are recommending.
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8 January 2022 | 13 replies
Individuals will owe the tax if they have Net Investment Income and also have modified adjusted gross income over the following thresholds:Filing StatusThreshold AmountMarried filing jointly$250,000Married filing separately$125,000Single$200,000Head of household (with qualifying person)$200,000Qualifying widow(er) with dependent child$250,000Taxpayers should be aware that these threshold amounts are not indexed for inflation.If you are an individual who is exempt from Medicare taxes, you still may be subject to the Net Investment Income Tax if you have Net Investment Income and also have modified adjusted gross income over the applicable thresholds.NII consists of the sum of three categories of income reduced by any properly allocable deductions for each [Reg. 1.1411-4(a)].