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8 May 2024 | 2 replies
What accounting or payment platforms are you currently using to collect utility payments and rent?
8 May 2024 | 2 replies
In both cases I spend a lot of money rehabbing a house and then pay myself back either through a sale or refinance of the property.Up to this point, I have primarily just paid for everything through my business checking account.
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7 May 2024 | 3 replies
Understanding the potential rental income is crucial in assessing the profitability of the investment.Expenses: Do you have a clear understanding of all the expenses associated with owning the duplex?
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9 May 2024 | 9 replies
Honestly we would be ok taking a small loss and coming out of pocket for the difference and just consider it like a monthly retirement account contribution.
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9 May 2024 | 25 replies
@Jonathan Greene I'm selling older properties, one recent sale was built in 1890 for example, selling all townhouses, all semi-detached, all rental condos, vacant lots (no income), and most multi-family properties.
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6 May 2024 | 65 replies
A %-ish of my income, I could see but this obsession with X income or Y doors is insane on here.
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9 May 2024 | 20 replies
I rather not put them in but I also don't mind the extra income for the occasional phone call to the appliance technician.
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7 May 2024 | 4 replies
.)- Skilled/experienced businessman (accounting, record keeping, organization, customer relations, etc
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9 May 2024 | 3 replies
Otherwise, you're looking at trying to buy the best cash-flowing property with your 1031 exchange so that you can use the monthly income stream to pay off your total debt a little bit faster.
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10 May 2024 | 36 replies
It is very hard to tell if we are getting paid all we are due. (3) I have been told they are more setup to handle extremely low-income areas, which doesn’t exactly describe the properties we have.They have been so unbelievably incompetent on the whole, it has made my wife and I consider just selling our properties and getting out.