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7 August 2024 | 6 replies
Most people that are successfully flipping have a flipping business with either employees on staff or enough work lined up to keep a GC happy for 6 months to a year.Its a tough business to make money in when you are doing one project at a time from a distance.
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4 August 2024 | 5 replies
As long as I keep track of what expenses belong to which LLC, is it safe to continue running all of the payments and credit cards through the holdings company and then just divvy it up during tax time?
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6 August 2024 | 1 reply
Reach out directly via phone if listed or in person.
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7 August 2024 | 14 replies
Like @Brian Burke said there are many different ways cash flow can be handled and waterfalls structured.To keep the same example but for a 9% cash on cash return:$100,000 starting capital account balance$8,000 preferred return accrual (return on capital)$1,000 excess cash (return of capital)($9,000) total distribution (preferred return distribution+excess cash)$99,000 ending capital account balance
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6 August 2024 | 29 replies
Also - I am a very analytical person; scientist by profession.
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7 August 2024 | 8 replies
Have you seen the past projects in person?
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6 August 2024 | 6 replies
We're constantly improving the platform to keep it fresh and up to date.
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7 August 2024 | 13 replies
Your comment says a lot about the type of person you are.
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6 August 2024 | 2 replies
There is a person in California who asked me to move into their house to rent but I am more interested in buying the place as it can be turned into a multifamily property.
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7 August 2024 | 12 replies
Personally, I would only purchase for STR right now on either very unique/special properties or on those that also work out as LTR.I am a licensed REALTOR who is investor focused.