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14 April 2024 | 19 replies
His MFM course focuses on first time investors transitioning from renting or a single family to their first multifamily, typically two to four units.
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15 April 2024 | 13 replies
Jim There are not that many that teach notes and its typically done virtually.
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15 April 2024 | 8 replies
For example, I own 5 homes in Morningside, which is right next to East English Village.
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14 April 2024 | 4 replies
I've done a fair share of researching but some things I havent been able to get very clear answers on.I'm looking into possibly buying a laundromat on seller finance and I want to be able to talk to the seller and negotiate terms that benifit both of us that I can still profit with the business.I guess im looking for a clear cut of all the parts of a seller finance deal, how to structure it, and how to negotiate it if countered. example, If i put 10% down, they finance 90%, whats a good or bad interest rate if any, how long of a term, what should the payments look like etcany advice would be a huge help to not only the laundromat but Real estate in general!
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12 April 2024 | 6 replies
If a Cost Segregation Study had not been performed on this $4.4M car wash facility located in Marble Falls, Texas, it would have had first year depreciation of approximately $293,200. Thanks to the Cost Segregatio...
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14 April 2024 | 2 replies
In NJ, for example, we rep a ton of landlords and require 3.5 months up front to rent which get you a better tenant and screening as we go through the NTN or rent spree (first month's rent, 1.5 security, 1 month realtor fee split between listing agent and rental agent).
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14 April 2024 | 5 replies
I always use the example that my insurance company could provide the lowest pricing for me and a price that's unaffordable for my neighbor.
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15 April 2024 | 26 replies
They are after the mortgage; however, property tax liens typically jump ahead.
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13 April 2024 | 2 replies
Typically the entity is setup as a LLC and investors are members of the LLC and receive a K-1 at the end of the year.