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10 July 2019 | 3 replies
In terms of rentals for us landlords, I could see this opening up some opportunities for current landlords to add an additional unit or two to a rental property, and also to turn a property that wouldn't generate enough cashflow with the single unit currently on-site, to producing a positive cashflow with the addition of 1-2 more units.
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10 July 2019 | 5 replies
To qualify for a Solo 401(k), you must be self-employed producing earned income (not rents or other passive earnings) and have no full time employees in any business you control.
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15 July 2019 | 2 replies
I think that's going to be trial and error for your area, just do some mailings or cold calling and see which produce the best for you.2.
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11 July 2019 | 9 replies
Now, he must produce evidence things were broken by you, and he must also produce receipts of what was actually spent to fix those items.
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9 July 2019 | 7 replies
It’s impossible to make those numbers work.I’m guessing fixed up to normal conditions, it’s worth $100k or less if it only produces $1200/mo.The whole goal of brrr is to be All In for 76% of value when you’re done.
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13 July 2019 | 11 replies
So if his expenses are a couple hundred a month they’re very high, it they’re covered by this extra income, so his replacement does still have to produce 17% tax free return to replace it.
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10 July 2019 | 9 replies
Having owned 4 RE brokerages over the years.. and wholesaling is nothing more than selling real estate without a license basically.. you always have your top producers in every office or every market you have some that just kind of troll along and then U have those that start cant make it and quite ( because they are not making any money) within 12 to 18 months.. its simply not for everyone and a lot of variables goes into a successful sales person in real estate..
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12 July 2019 | 79 replies
Following this strategy usually produces 3 times the profit of a regular flip and nets about 50k - 60k in profit over a 3-5 year period of time per property.
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14 July 2019 | 8 replies
Both have identical assignments, but are they both interested and will produce the same results?!
5 October 2019 | 27 replies
You also have to understand that if you are in an area that is dominated by investment properties, your retail value is going to be based on its ability to produce and income, not what Johnny and Suzy are willing to pay for it.I think that tougher neighborhoods should be handled by the locals.