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17 February 2024 | 3 replies
The other option would be international wire transfer but the bank fees can be expensive for that.Hope it helps
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17 February 2024 | 11 replies
If you plan to buy and do a cash out with management fees it will be minimal just make sure accounting for the other “hidden” expenses of management fees capex, and vacancy
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18 February 2024 | 20 replies
Much appreciated.Respectfully,MattHi Matt, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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16 February 2024 | 3 replies
However, the water and gas would be prohibitively expensive to split out, so I need to figure out how to handle those utilities and bill seperately.
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16 February 2024 | 5 replies
So why spend the money on the licensing and the LLC when it is only an additional expense?
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16 February 2024 | 5 replies
Just part of our expense equation.
16 February 2024 | 9 replies
I am able to write a lot of expenses off as I'm self employed.I realize I need to seek help from my CPA but he is out of town.
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16 February 2024 | 2 replies
Tax expenses also vary widely by investor, and since NOI is specific to the property, not the person, do not include it.NOI equals all revenue from the property, minus all reasonably necessary operating expenses.
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16 February 2024 | 6 replies
That can be VERY expensive if rates do drop on the next year or two.That being said they can be powerful products as long as you understand the pro's and con's.
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16 February 2024 | 14 replies
Basically stuff that could catch me by surprise down the line with a significant expense.