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5 March 2024 | 12 replies
Current partnership for one Single Family is approx 50k down payment, 10k partnership/management fee, 10k put in bank account for operating expenses.
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6 March 2024 | 0 replies
By utilizing social media, you can attract a more comprehensive selection of potential buyers to improve the possibility of a sale.To use social media to promote your listing, follow these tips:Create social media accounts for your real estate businessShare your listing on social media platforms like Facebook, Twitter, and InstagramUtilize paid advertising on social media to reach a targeted audience using the targeting options provided by the platformEngage with potential buyers and answer any questions they may haveRemember, social media can be a great way to promote your real estate listing and attract a more diverse selection of prospects than just buyers currently actively searching for a property.
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6 March 2024 | 12 replies
You must account for the slow season if you source the property as an STR/MTR.
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3 March 2024 | 7 replies
@Kay Li I'm following this to see if I can also make some new accounting connections.
5 March 2024 | 2 replies
Then you would have that leasing expense all over again.We actually sometimes like to pay the leasing brokers more so they push our site harder than others.If you have an A location and A parcel shape then typically lots of tenants fight for the site to lease it or buy it and leasing broker has to do less work for fee involved and rent per foot higher most times.
5 March 2024 | 7 replies
If theyre just going to send you a portfolio booklet or send you to a website of all their listings tell them to pound sand.Yes it's vitally important to know who you are working with, and have the history of the players involved.
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5 March 2024 | 8 replies
It involves finding the buyer before hand, entering a contract with the buyer being a LLC with both you and the end buyer as members, and before closing selling 49% of your 50% interest in the LLC to the end buyer.
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5 March 2024 | 2 replies
Right now, in my market, I'm seeing a lot of multifamily properties that don't work because the sellers aren't accounting for the new cost of borrowing.
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5 March 2024 | 3 replies
If @David Alder, had the ability he could have avoided tax entirely by having the note go into the exchange account.