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24 October 2021 | 9 replies
If you go for quantity, you may not have enough profits (if any) after the deal is done.So again, what ever your taste is great, but giving advise to 2M people when the advise only applies to you is not fair for people reading this.Either way...
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19 October 2021 | 0 replies
Bonus depreciation can be applied to assets with a useful life of less than 20 years.
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20 October 2021 | 24 replies
I was following the BP playbook of creating an emotional connection with the seller by sending pictures. that's something Brandon turner has been recommending for ages. well keep in mind the 2% rule does not work anymore either and laws are constantly changing.NOW this might not apply to NON owner occ homes and commercial purpose type transactions .. i just know you cant do it for the average buyer looking to buy from the owner occ seller and live in it.. there may be a commercial carve out.these letters were VERY common until the new law passed this is why you rely on your agent to keep you abreast of the actual laws and rules.
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15 November 2021 | 4 replies
You need to get to your local RE meeting , learn then apply what you learnGood Luck
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27 October 2021 | 12 replies
Your tenant is a perfect example of why the fund was created (though I still disagree with it).She can apply for back rent as well as future rent.
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25 October 2021 | 14 replies
In other words, if I am asking for $2300/month and a section 8 voucher holder applies, can I start the process and then turn them down if the program says I can only charge $2000/month?
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19 October 2021 | 1 reply
Then there is a sale tax break applied, and in some counties, owners do *not* pay for school operating costs, only construction bonds.
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20 October 2021 | 1 reply
Cap rate does not apply to a three-family property or any multis that don't have 5 units or more as it is a commercial, income/expense based valuation.
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21 October 2021 | 7 replies
The 10% YoY cap applies to primary residences only (homestead exemption).
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27 October 2021 | 8 replies
Your most cost effective and fastest method is going to be to apply some pressure.Good luck!