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27 December 2024 | 3 replies
It will familiarize you with the basic terminology and benefits.
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30 December 2024 | 20 replies
@Chris Kay to learn to properly DIY manage you have two basic options:1) Trial & fire on your own, hopefully not making a major mistake that costs you tens of thousands of dollars.- Once your time is more impotant to you then the cost of a PMC, you can hire one.2) Hire a PMC to guide you on your first rental and learn from their expertise.- You can buy additional properties and DIY manage those, perhaps leaning on the PMC for any issues you're not sure how to handle on your own.Good luck:)
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31 December 2024 | 9 replies
I don't immediately see any reason that their basic home value and rent indexes should be considered fundamentally flawed based on that connection.
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26 December 2024 | 7 replies
And even if they do, they can change that at a monthly BOD meeting.Plus, since you are going to have to hire out the 1) Property Mgmt, 2) Repairs and maintenance, and 3) cleaning, your profit margin is going to be very slim, particualry in a condo (which will have a much leaner net profit than a basic house.Not trying to be a downer, but I'd suggest looking at another avenue for REI.
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6 January 2025 | 77 replies
I prefer the forum used for investors with actual questions.I am not a fan of what you call reverse trolling.I am not a fan of posts in the forum which have no questions and are basically blog posts.
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24 December 2024 | 9 replies
I don't even know what to say, except to hope that it's all kids who do not yet know the pain of rush hour commute, and think all things "grown up" are cool grown up things.
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7 January 2025 | 22 replies
Real material cash flow is basically 50% of your net income.Cash flow is a metric that requires a debt ratio.
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28 December 2024 | 3 replies
Basically, what I said was it would be good to get the best of both worlds.
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31 December 2024 | 14 replies
Bob is very good on the customer support and that being said... they are the only company other than myself that I have invested with basically EVER... as I do my own deals.But I had money stacking up in my SDRA and of course I can't self deal.. so I chose one of his new investments which is more akin to what I like.. quicker turn and high IRR...
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9 January 2025 | 46 replies
Instead of giving me excuses, brushing me off, ect ect, my taxes were done in 3 days.My tax liability went down by 10k with my deductions (now finally added) and my new CPA charged me $1300 for my business, personal and WALKING ME THROUGH THE WHOLE PROCESS.True Books charged me $6500 to get to this point (and wanted another $1500 for the final leg) to basically have me rack up fines, brush me off and gaslight me as if this is the norm.I'm writing this review as I wish someone had written it for me. 0/5 stars.The only thing True Books got done in a timely matter was the cashing of my checks.Sorry!