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2 March 2024 | 35 replies
Based on my research, Los Angeles, Fresno, San Diego, and San Francisco are some of the top markets for travel nurses.
3 March 2024 | 9 replies
This is based on your numbers and I don't share your optimism that a 1/2/3 12 unit mix will bring in $12,000 per month there.Try to find a local partner with experience doing the building.
2 March 2024 | 3 replies
We purchased this house based on it being near town, but moderately rural.
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2 March 2024 | 2 replies
Whether you're a seasoned investor or just starting out, I'd love to connect and share experiences, insights, and ideas.So, if you're based in South Florida and share a passion for real estate investing, I'd love to hear from you!
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2 March 2024 | 2 replies
Thinking about making the first purchase:roughly $90K sale pricePlan to purchases with 100% Home Equity Loan 7% interest only for 12 monthsInvest $20-30K in renovations (using 7% interest loan)Anticipated value $150KThen Refinance $90K with conventional mortgage before the 12 months are up.It will cash flow $300 /month based upon current market rentals.Question: Could I also consider selling property where I finance?
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2 March 2024 | 8 replies
Peter,That does not sound accurate based on having a Schedule E and being able to take those deductions as well as other standards.As an investor it’s not a bad thing to show more gross income which usually allows you to buy more properties with more income and a lower DTI.
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1 March 2024 | 19 replies
Hey Y'all, i'm tapping into the section 8 market out of state. and i'm thinking Detroit would be a good market for section 8 (please chime in if you know from experience of other markets that can be a good candidate for section 8 investing) question now, Where/ which neighbor hoods to purchase section 8 properties in Deroit, MI?
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3 March 2024 | 12 replies
It’s based on their purchasing power, which I know changes at 4 because 5+ we will calc DSCR to determine LTVs.
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2 March 2024 | 16 replies
This may be easy enough for most states and their relatively simple tax regimes, but states like California, New York, Texas, Pennsylvania, and a few others have some quirks to them.For example, California makes disregarded single-member LLCs file a tax return, pay an LLC tax four months into the tax year, and potentially pay an LLC fee six months into the tax year based on estimated gross receipts.