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31 January 2025 | 3 replies
The reason I post this here is because I got totally different answers from two CPAsHere is the story:I bought the house as investment property and run it as STR for the last two years.
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8 February 2025 | 11 replies
Quote from @Arshiya Taami: my friend and I are looking to do our first fix and flip as partners using a hard money lender, we have never done a fix and flip before but we have experience/connections with remodeling houses/construction.
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4 February 2025 | 31 replies
build to rent is great. they are an intermediary that help investors contract direct with turn key new build. they are pretty sophisticated we have sold a house so far and we are looking to sell other multifamily with them. there is a vetting process and as an intermediary they don't control construction they help vet builders and establish relationships. they have a big team. the other builder I've never heard of but unless you can see your house I wouldn't touch it. rent to retirement has a strict policy of 90 days until certificate of occupancy until they will send a deal out they are good at what they do and I'd recommend them. they have options all over the country and established relationships.
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23 January 2025 | 7 replies
As of today, the house rents for $3,400 per month and my PITI is $2,500 per month.
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6 February 2025 | 1 reply
If it's the case that you are in an area where this is a consistent problem, it may be better to install a whole house surge protector at the main panel.
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2 February 2025 | 0 replies
I am trying to hire a licensed REA for my LLC to perform occasional open houses and move-in/move-out inspections since I am out-of state from my rental property.I have the REA identified, now I just need to know the steps to creating a contract for them and me to sign.
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31 December 2024 | 15 replies
After thirty years of flipping houses I can tell you that the second you trust the subs completely, things go wrong.
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8 February 2025 | 2 replies
Which options do you guys think are best when you have no money to put down on a house for flipping?
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25 January 2025 | 2 replies
The reason to have comparables is if you are representing someone or perhaps purchasing a house for yourself to live in.
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29 January 2025 | 20 replies
Typically, the STR property tends to be priced at 10x of the annual gross revenue, so let's assume you buy a house for $500k and you can get $50k a year in gross revenue.