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1 August 2024 | 6 replies
I’m leaning towards purchasing it in the next 24-48 hours.
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2 August 2024 | 7 replies
Typically, getting into the 5-unit range can get overwhelming for people and take up too much of their time.I use QuickBooks Online for all of my clients.
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6 August 2024 | 5 replies
All of my current rentals cost about the same to purchase ($215-265K), but cash flow is so different and current house prices are as well ($325-600K)...and the one I spent the most for and cash flows the most, is now the one worth the least (still worth more than I paid for it 3 years ago).
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5 August 2024 | 5 replies
As long as you purchase at least as much as 75% of the net sale.
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5 August 2024 | 15 replies
The current sellers are open to living in the current home we will be buying for up to 6 months and can pay me rent during that time (like a leaseback) , can I combine that with a bridge loan for (6-8) months to get me past that period.id assume my loan wouldn’t be the same rate as no longer could it be for a primary residence as they’d still be living in it.If i purchase the home and do a lease back for 6 months to the new hluse they are building is finished would I even need a bridge loan?
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1 August 2024 | 5 replies
I recently bought a property am living in it and after a year plan on classifying it as a rental. During that transition phase once i get rental income what should i begin to account for or change or tell my CPA to ma...
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5 August 2024 | 5 replies
Your post is under the house-hacking section, do you plan to house-hack and live in this property that you purchase in Jacksonville.If you are planning to live here in Jacksonville, it is important to choose a good neighborhood that you would enjoy living in.I personally like the 5 points/riverside, San Marco and Southside/Baymeadows area.These areas have more resturants/activities than other parts of Jacksonville in my opinion.
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4 August 2024 | 12 replies
Purchase price: $900,000 Cash invested: $600,000 Purchased an existing short term rental fully furnished using equity from existing home here in Los Angeles.
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5 August 2024 | 8 replies
At the end of the contingency period, you and your agent will let the seller know if you want to move forward with the purchase, if you want to terminate the agreement, or if you want to ask the seller to make repairs or issue a monetary credit before closing.
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5 August 2024 | 1 reply
While there are costs associated with purchasing properties, the platform itself offers free access to property details and market data.