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16 April 2024 | 11 replies
You should have leads coming in from as many sources as possible including wholesalers.
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15 April 2024 | 2 replies
I have 2 small commercial office buildings in one LLC with multiple partners including myself.
16 April 2024 | 18 replies
Google search "landlord/tenant attorney (insert your city)" keep in mind to ask the important questions during your consultation because after you've accepted them for the job they charge from anywhere from $250-$400 an hour which includes; phone calls, emails, court appearances etc..
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15 April 2024 | 27 replies
The most important thing is to just look for properties with good rental income potential in comparison to the purchase price.In addition to low maintenance costs, you can also minimize your entry costs with an investor friendly agent who has both expertise and access to extensive inventory, including information on properties on & off the market.
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15 April 2024 | 5 replies
Vinny - I would say that if you're next deal will be a BRRRR you have a couple options for finding the funding, including: 1) Taking a HELOC on your primary house assuming that when you refinance you'll payoff the HELOC, 2) You can also use a loan from someone else like a private lender (friends/family) in which you pay them 10-12% for the use of their funds, OR, 3) You can use a hard money lender in which the rates are a bit higher and there will be some points added as well.
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15 April 2024 | 1 reply
If you mail, be sure to mail to the correct address which can be found on the instructions (first result on google if you google "form 4868")If a payment is due with any of the above, you can include a check with your mailed form, or you can pay directly through the IRS DirectPay system and select "extension" as the reasoning for the payment.
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15 April 2024 | 1 reply
These are going to be included in our full local real estate developer course that we are targeting a launch of in July 2024.
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15 April 2024 | 2 replies
It includes everything from call management to analytics and monitoring.
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16 April 2024 | 10 replies
It's important to be aware of the risks involved, including unfamiliarity with the market and potential travel costs.
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15 April 2024 | 9 replies
.- It needed a community face lift and re-brand (was called windmill apartments....yuck.)We came in and strategically worked our business plan:- We upgraded the exterior including fresh paint, signage, and landscaping.- We removed delinquent tenants and changed the community standards around to provide a safe and clean place of living.- We've upgraded 75% of the units with fresh flooring, paint, cabinets, countertops, and appliances as needed.When we took over the property the 16 units were producing around $9000/month in gross rent.I just checked our rent roll today, and we just crossed $17,000 in gross income monthly!