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17 June 2024 | 11 replies
To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
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17 June 2024 | 2 replies
Also if I pay capital gains would my tax rate be lower since by the time it sells I will have owned the lot for over a year?
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17 June 2024 | 5 replies
Due to high interest rate and almost $10k of property tax, we negative cash flow over $10k in 2023.
17 June 2024 | 8 replies
I feel like I only need to incorporate DSCRs, NPV, IRR and of course growth rates (both expense and rent).
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18 June 2024 | 13 replies
How are your conversion rates?
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17 June 2024 | 25 replies
ActualAs an example of the problem of Rentometer data, I looked up four recently rented properties on the MLS and compared the Rentometer prediction to the actual rental rate.
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17 June 2024 | 2 replies
However, if it needs that much work you are probably better off going with a hard money loan and then doing a rate & term refi once rehabbed.
17 June 2024 | 0 replies
To address this, we agreed that I would work in the business for six months to verify the financials, which so far align with his POS system.My main issue is that at 23, I don't have strong financials to get a conventional loan at 75% LTV with a ~7% rate, and the seller's lack of financials complicates bank approval.
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17 June 2024 | 13 replies
If I remember correctly, the redemption rate in CHS county is something like 80-90% and the interest that can be earned is capped.
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17 June 2024 | 4 replies
I give a 5 day yield without penalty then a $100 late fee until the 15th then I file for eviction.