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23 June 2020 | 39 replies
Certainly, we can all agree that every segment of society has a few bad actors.However, in your post, you set out haranguing other landlords (that posted above, as you state) for some perceived wide-ranging ill that there does not appear to be any evidence for, at least on this thread.To baselessly condemn the entire profession without that merit, to me, does indeed reinforce a false narrative.If I were to muse publicly, as you did, that since a few individuals belonging to an industry (or ethnicity) did wrong, paint them all with a broad unilateral brush and declare “and people wonder why (that group) have a bad name”, I’ll bet you’d use a harsher term than “false narrative” to describe that sentiment.Landlords have a very unfair negative public image because of a very small percentage of individuals in the industry, and you are not helping.
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1 February 2021 | 13 replies
I have not bought any property yet with my Solo 401k but I just opened a Solo 401k plan with the help of Broad Financial.
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23 June 2020 | 3 replies
A lot of calling, door knocking, mailers, talking to people to help them through their situation and untangle the messes they've made...but no open houses...Maybe this was a more broad, just get familiarized with the industry and what other homes are selling for and what condition they're in?
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26 June 2020 | 6 replies
With any future partnerships, I would definitely create a strong operating agreement w/ defined rolls for each person.
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1 July 2020 | 26 replies
I would first define your goals for what you want to achieve, have a clear set of criteria on how you will choose the right type of properties to meet those goals, and then you can focus on the area after.
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19 July 2020 | 2 replies
I think it is important to have a clearly defined goal.
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22 June 2020 | 6 replies
It is a city you need to know well, zip codes don’t mean much, they are too broad to know whether a property is a good deal, or not you need to narrow it down to neighborhoods and then to blocks within the neighborhoods.Having said that, if your property is not in Fells Point, Federall Hill, Canton, and few other pockets, I think $2k/month is a stretch.
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25 June 2020 | 24 replies
And yes, we are speaking about 25% less than ask.But let's consider the following:Seller hire's a realtor and defines a 100K value for the property.
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2 July 2020 | 3 replies
The more important figure to watch is “Continuing Claims,” defined as people who are STILL receiving unemployment benefits.
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24 June 2020 | 3 replies
@Thaddeus ParkerThere is a well-defined set of rules that dictate whether or not you need a permit for your signs.