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23 January 2020 | 4 replies
There's not a prescribed method for your accountant to use.
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25 January 2020 | 13 replies
After doing numerous hours of reading and listening to podcasts.
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23 January 2020 | 0 replies
In addition, DMM seems to be outdated and a rarely used method to acquire deals.Any suggestions on how I can find these deals?
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24 January 2020 | 13 replies
@Joe Splitrock do you know if there are any other type of loans, or methods to get around this?
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25 January 2020 | 6 replies
That would mean you would have to create and maintain multiple LLCs, which takes organization, but is doable.One consideration with that method (and check with an attorney) is I believe that each partner in the LLC has to have a function, and they can not be completely passive.
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26 January 2020 | 5 replies
Some of the differences with SFR that make them less valuable than otherwise similar comps are location on a busy street, smaller lot, bad condition, structural defects, higher tax area, different school zones, different deed restrictions, access to main roads, rush hour traffic, obsolete or unpopular architectural style, inferior finishes, time since remodeling, age of roof, flooring, and others too numerous to mention.To get the discount to fit your formula, you’d probably need to find a house needing significantly more than $15k of work.
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23 January 2020 | 3 replies
@Chace FraserThanks for your reply Chace, but I am looking to sit down face to face with the person I work with.The year living in the property is easy, since I would house Hack in a very minimal way.Not looking to use this as my only method of acquiring Real Estate, but using it every 18 months or so, is not a bad ploy.Thanks again,Dan
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25 January 2020 | 2 replies
Hello all, We just listed a vacation rental on Evolve & was anticipating a low rental price due to their method of first building market share & then gradually raising rental prices slowly.
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23 January 2020 | 1 reply
Perhaps sharing the calculator was not effective method -- I'm still new here.
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28 January 2020 | 6 replies
Does utilizing a 203(k) and building the renovation costs into the loan limit the potential upside equity with the ARV in any way as opposed to funding the renovation with cash or another method?