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22 February 2024 | 5 replies
There is a ton of knowledge here, but meeting local people is great as well.
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23 February 2024 | 18 replies
Selling yes. 1031 in a perfect world yes.If you can find a property and meet the time lines then yes.I have done a 1031 and it worked out great.I have also just sold paid the tax and put the money in the bank to have working capital to deploy on my timeline.
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22 February 2024 | 7 replies
It’s safest to meet your lenders face-to-face at real estate clubs.
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20 February 2024 | 6 replies
if you just buy a standard LTR with a conventional mortgage, you'll be break even or negative in most markets, and your down payment will sit there doing nothing.i own a condo in Stamford, and i plan to start doing more in Fairfield County in 2025 when i have more time.
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22 February 2024 | 11 replies
The Special Stips section is at the bottom of page 6 on the standard Georgia Purchase & Sale Agreement (GAR Form).As for contingency, if you ask for a due diligence period, this time can be used to do all your due diligence, including inspections, getting financing in order, finding an end-buyer (if you're wholesaling), etc.
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23 February 2024 | 37 replies
It's hard to say without knowing the rest of your financials, but 7.5 with 2 points and change is pretty standard in today's market for an investment property.
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21 February 2024 | 6 replies
Should I create a separate management company through another LLC and pay it a standard commission, or should I operate it under the existing LLC that owns the units to avoid the complexities of setting up a new LLC structure?
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22 February 2024 | 16 replies
I'm hoping to meet & talk to some other local investors here who have experience in flipping, using the brrrr method, in long term rentals, just real estate investing in general.
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21 February 2024 | 10 replies
Standard 3/2, 1750-2,250 square feet.