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12 December 2024 | 1 reply
We reduced the price already by a quarter and it's been posted since late August/.Any advice or experience in this would be appreciated.
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11 December 2024 | 3 replies
The premise of the time value of money struck me: "Money in hand today has earning potential, and we can turn money today into more money tomorrow by investing it."
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16 December 2024 | 21 replies
It makes your house more attractive and reduces vacancy.
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16 December 2024 | 1 reply
Yet for owners of rental SFRs, duplexes and condos—not to mention retail and restaurants—COVID-19 threatens to reduce landlords’ rental income, perhaps entirely.
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17 December 2024 | 8 replies
I'm fairly new to JC and earning these Rookie strips as I learn more and see what value I could bring as well.
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12 December 2024 | 3 replies
It also depends on your goals and how safe/aggressive you want to be, how much you want it to earn, and what meshes best with your lifestyle.
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12 December 2024 | 37 replies
I think it was my fault and my ignorance for allowing him to convince me to re-finance properties every 3 years and I think he re-finance 3 of my properties 2 times meaning he earned a $20,000 commission for each property 3 times, or he earned $60,000 for each property just for being my broker.
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10 December 2024 | 1 reply
Active = Income earned from Material Participation.Whether that's SMB, W-2, contract income, or prof real estate.This is income where ordinary tax is paid and losses offset other income.
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9 December 2024 | 5 replies
What are some pros that I can highlight from the seller’s perspective.Here are a few that I’ve come up with:1) monthly income at a higher interest rate;2) avoiding a larger tax bill by reducing the purchase price (on paper);3) a promissory note that they could potentially sell down the road.Any other major ones I am missing?
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10 December 2024 | 17 replies
Flat Fee buyer agency to reduce acquisition costs (get ~2% of the sales price back), and flat fee MLS listing to reduce selling costs to ~$500.