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10 February 2022 | 3 replies
As a traveling physical therapist, it’s nice to have digital tax filing but I don’t know if TurboTax CPAs are good enough with real estate to handle depreciation and all the benefits you may receive as an investor.
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11 February 2022 | 0 replies
Buying a property is more than a physical manifestation of what you worked hard on.
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11 February 2022 | 0 replies
This would enable the LLC to pay back the hard money lender, and have more physical cash left after the transaction to put into another property, rather than leave it in the property as equity?
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11 February 2022 | 1 reply
This would enable the LLC to pay back the hard money lender, and have more physical cash left after the transaction to put into another property, rather than leave it in the property as equity?
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12 February 2022 | 3 replies
My wife and I are 29 year old physical therapists who are seeking financial independence and an escape from the 9-5.
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14 February 2022 | 8 replies
It is just fluff for wholesaling without ever physically walking the property or shaking the seller's hand.
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14 February 2022 | 1 reply
Another thing is being the eyes on the properties physically to spot anything that could potentially break the deal.
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16 February 2022 | 9 replies
While I find that most landlords hate being landlords and they hate dealing with their tenants with a passion, we actually enjoy dealing with out tenant's complaints and issues because we have policies and guidelines that we follow and we understand that dealing with tenants is exactly the same as every other business has to deal with their client's and customer's complaints and issues like the airlines and restaurants have to deal with the surge in anger and physical abuse, or like employers have to deal with employee issues and lawsuits.There is nothing better than being 100% hands-on and have 100% control of every penny spent.
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18 February 2022 | 79 replies
I was kinda hoping to brrr to build my portfolio quicker than working myself into the ground with the biz I own (physically and mentally pretty stressful.)
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18 February 2022 | 4 replies
For smaller amounts, many lenders have restrictions for LLC but for larger non-recourse loans ($5mm+) they will actually require a SPE (Special Purpose Entity) that owns the physical property 100%