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25 September 2021 | 1 reply
They need your business and they won't wake up one day and say, "You know, today we're closing all our Lines of Credit customers because the risk is just too great."
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25 September 2021 | 2 replies
The landlord has seemingly returned his blood pressure to a normal level.
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29 September 2021 | 15 replies
Normally, you honk your car horn till the offender shows up, often in a few minutes.
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28 September 2021 | 23 replies
So, if the one crew that worked on this job normally does $50,000 to $60,000 worth of business every month, then, I have to ask whether or not this $45,000 job was worth giving up $50,000 to $60,000 in business for very simple jobs that take 1 to 2 days and because the $45,000 job cost so much more for materials I figure that I lost a lot of potential business and would rather have walked away from the $45,000 job.Everything is about the final numbers and you have to do the math, diligently, or you never know the truth and only guess and invest blindly.
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26 September 2021 | 1 reply
A normally overlooked aspect of construction/development is not comparing the opportunity cost of getting into another property in less time and less money out the gate, so keep that in mind.
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28 September 2021 | 15 replies
We normally have a few guest speakers, food and a ton of smart investors to network with.
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1 October 2021 | 8 replies
I use a 'waking away amount' eg on one property-replacement cost 2 mil-paid 650 3 yrs ago now generating 130k gross annual income so I have it insured for 1 million + 12 mo income loss at which point I would 'walk away'.
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4 October 2021 | 2 replies
@Jennifer Manzella SavvaSTR's do have some unique differences from their LTR counterpart.There are unique tax laws if you provide substantial services.STR's are normally furnished by the owner which may be eligible for immediate write-off / bonus depreciation.