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27 February 2024 | 6 replies
Here are some considerations for investing in a duplex in the Dallas area and potential alternatives:Investing in a Duplex:If you rent out one property, you can possibly create positive cash flow by partially offsetting your living expenditures.If you're an investor with limited funds, duplexes could be a more accessible alternative because they may have lower entry expenses than bigger multifamily properties.Perform in-depth market research in the Dallas region to pinpoint communities that have high demand for rentals and good prospect for real estate growth.Take a look at owner-occupant-friendly financing choices including FHA loans, which frequently have less down payments.Make sure you have a well-defined escape plan.
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26 February 2024 | 2 replies
Hey @Christopher Eduardo, Please talk with a tax lawyer to make your final decision, but in general: In a Chapter 13 bankruptcy, a debtor creates a repayment plan to gradually pay off their debts over a specified period, usually three to five years.
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25 February 2024 | 7 replies
In both Kansas City, Kansas and Missouri, there is a 1% earnings tax that is put on individuals and businesses that earn income in the city.
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26 February 2024 | 8 replies
We plan to convert the sale proceeds into multiple properties to create passive income.
25 February 2024 | 7 replies
Subsequent years: Alternate satisfying test #3 with one couple participating in at least 100 hours of activity (and more than any other individual) and the other couple not meeting participation test.
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27 February 2024 | 11 replies
Creating a network can lead to useful ideas and possible collaborations.Seek for seasoned real estate investors for mentoring.
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27 February 2024 | 13 replies
Are there any resources here that can help me create an investor-friendly agent environment so I'm not turning away investors due to misunderstandings on both our parts?
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25 February 2024 | 13 replies
No I have given only data.So when you add all this up, the first thing you need to do is get a website and make it credible.Polish up your social media accounts, create a professional banner and start creating content that is engaging.You want people to start interacting with you.Then provide value wherever you can (like I am doing on Biggerpockets).
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27 February 2024 | 14 replies
You'll need to know how you're finding tenants and doing the background check, what process you're using to collect deposits and rents and what you're using to create your lease agreement.
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26 February 2024 | 11 replies
Any like-minded individuals would be more than welcome.