21 September 2021 | 3 replies
If you go to Network - Search - events you can see if anyone is hosting an event near you.here - https://www.biggerpockets.com/...people also post them on meetup
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21 September 2021 | 4 replies
To find the right size firms my suggestion would be to ask some local investor focused agents or simply attend a local REI meetup (you can probably find some here under the EVENTS tab) and tell people what you are looking for.
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4 October 2021 | 5 replies
Additionally, when the property is exited in the future, recapture occurs at a maximum rate of 25% so in most cases that will create additional tax arbitrage for investors.
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20 September 2021 | 5 replies
A rental package includes a letter indicating why this change is occurring, similar comps in the area, and options that he can do, e.g. move out all the stuff in a month, pay a high month to month rate, a lower 6 month rate, or an even more reasonable 12 month rate.
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20 September 2021 | 34 replies
Landlords are currently not in this category.I think the prospective renter pool may be reduced but it's also likely to occur because those that aren't vaccinated seem to be dying like flies.
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20 September 2021 | 5 replies
Hopefully that is a once in a lifetime event, but you never know.
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30 September 2021 | 14 replies
The highest priced recent lot sale in the immediate area at the time was 740k, but things had cooled a bit since that had occurred so I figured I did OK.
28 September 2021 | 10 replies
I see this as a minimum of $50,000 worth of commissions and more likely closer to $75,000 worth of commissions that I could have by getting licensed.The costs associated with getting a real estate salesperson license in my state is incredibly low in relationship to this ONE SINGLE life event of which there will surely be more in the future.I also see a major pitfall with using a real estate agent on the buy side because then I am subject to their availability for when something hits the market rather than my own availability of pouncing on something quick.I've researched out a few real estate brokerages that have a monthly fee to hang your license there and a flat fee per transaction.
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12 October 2021 | 9 replies
Any liquidation event (payoff, sale at trustee sale, REO sale, or re-sale of the loan) is the "sale" that you refer to above.When this number is applied to the cost basis (the ledger of the Other Asset), we are left with the "Gain/Loss on Sale," which is an income account.
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21 September 2021 | 11 replies
In the event of a partial loss the ACV policy would pay the cost to repair or replace minus the depreciation.