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6 November 2024 | 8 replies
I've had success with letters, driving for dollars, and off market deals.
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7 November 2024 | 15 replies
I definitely have - I've done it 3 times myself, and have a multimillion dollar portfolio that gets a ton of cash flow.
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6 November 2024 | 12 replies
Setting clear, achievable goals will help guide your decisions.When it comes to getting finances in order are you keeping a budget and know where every dollar you spend goes?
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6 November 2024 | 6 replies
One option you might try is to go to Bi- Weekly Payments, this way you collect on the same cycle as their paychecks.As long as both of your tenants still have their jobs, I would ride it out, the 2nd thing is how are they maintaining the property, are you going to have to spend thousands of dollars on repairs because of damage to the property.
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6 November 2024 | 8 replies
The seller got to keep the buyer's money that was paid upfront, and was effectively in the same place they were before they sold, except with several million more dollars in their pocket.
10 November 2024 | 19 replies
Interestingly, you can list the property in U.S. dollars and receive payments in U.S. funds, which means I don't really use COP except to cover utility costs like internet, water, and electricity.
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7 November 2024 | 45 replies
I am willing to be dollars to donuts that most of your Section 8 tenants are able-bodied humans intelligent enough to get a job and pay their way through life, but they somehow manage to milk the system.
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6 November 2024 | 22 replies
Especially in Connecticut, a state in 1 Billion dollars of debt, it's hard to imagine companies being excited about moving into the area.
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7 November 2024 | 7 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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5 November 2024 | 12 replies
Umbrella policies are usually only a few hundred dollars per year.Good luck.