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9 December 2024 | 9 replies
While its frustrating as you were told something different, it does not overwrite existing lawsI live in a street that has an easement for the first 15 ft of driveway and we have had several neighbords put in gated entry and brick walls which is in the easement.
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14 December 2024 | 42 replies
.: I would only buy single family homes in the best locations I could afford rather than messing with multifamily and less great locations, and I would use my local credit union for loans because they keep them in-house and service them in-house, so that I wouldn’t have to deal with loans being passed around among all the sketchy loan servicing companies.
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10 December 2024 | 5 replies
I got maybe $150 out of my tenant I had to kick out because she couldn’t afford rent there.
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10 December 2024 | 7 replies
That's super affordable for me and would be amazing!
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9 December 2024 | 20 replies
If you mention that the buyer can't afford much, he/she may not be able to afford paying for several home inspections and not closing.
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3 December 2024 | 22 replies
Am I the only one frustrated with the cumbersome functionality of real estate platforms (Zillow, Rentler, etc.) for listing rentals?
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13 December 2024 | 16 replies
that didn't make sense to me that if i have my ira with you then you will put who the owner is but if i don't have it with you you wont' put anything.anyways, she def didnt' give me indication that she exactly knew. maybe i had a bad agent and since i was already skeptical of using a small bank, that def turned me off.at chase my account shows that it's a business account under an llc. i am the manger of llc, the only thing that worried me is that they put me as a the owner of llc. this seemed no diff to me that when you go get an ein, it also puts you the owner of llc. if irs itself can have this limitation in getting the ein, then surely they would understand the limitation of the bank. besides, i have a fully complying operating agreement in which i have a clause that explains while irs ein letter shows me as the owner, in reality it is my ira that is owner and that that there are limitations on irs website when obtaining an ein. i will jsut be adding a similar explanation in my operating agreement about bank acct and have all the supporting documentation in case if it's ever needed. but that's where i am at.i wish this process was simpler/ easier. it is also very frustrating that the custodian doesnt' telll you anything. they all market you can have a checkbook ira but don't really guide you in HOW to do it practically. all these rich ppl are doing it and i doubt they are going through all these hoops. ...
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10 December 2024 | 14 replies
For me, I'd rather have fewer doors owned outright that allow me to achieve my personal financial goals than having a large number of doors fully leveraged with less cash flow per door.What if I can afford more than 25% or even pay for it outright and it cash flows?
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11 December 2024 | 12 replies
If I were starting out now, I’d focus on markets that balance affordability with solid rental demand, both for short-term and long-term rentals.
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9 December 2024 | 0 replies
This Raymond St property caught our attention due to its affordable purchase price and potential for a high return after renovations.