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29 July 2024 | 2 replies
Purchase price: $380,000 Cash invested: $19,648 Sale price: $485,000 Not really a portfolio investment as it currently my personal residence, but I'd still consider it an investment.
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27 July 2024 | 8 replies
I tell all my clients I would rather see them use that big amount of money to invest in real estate.
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30 July 2024 | 1 reply
Since investors and househackers in New York are exposed to more inventory, they are seeing dozens of available properties that fit their criteria vs. just 1-2 properties a year ago.We have more available options, which results in househack investors and homebuyers having more time to negotiate lower purchase prices, better terms, and more favorable contingencies.
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29 July 2024 | 11 replies
I want guaranteed monthly rents because when I purchase my main focus is cash flow, then equity in the form of added value (renovations, adding extra bedroom, etc).
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26 July 2024 | 10 replies
MY tenants and my clients' tenants are NEVER surprised when we show a unit.
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29 July 2024 | 1 reply
Purchase price: $726,000 Cash invested: $1,300,000 Sale price: $4,500,000 We are developing a 4 story a luxury Duplex.Property is primed for short term rentals with conservative estimates of ($40,000-$50,000) per month.
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26 July 2024 | 24 replies
In Miami a client has a “play room” that we list on KinkBnb..
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25 July 2024 | 2 replies
Hello All,I'm under contract to purchase my first office space in Raleigh NC and was curious if anyone has any commercials properties in the area whose brain I can pick.I have a few questions on things such as best entity to buy it under, insurance policies, having a cost segregation study completed, etc.
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28 July 2024 | 17 replies
. ;-) well working south side of Chicago south jackson MS Baltimore city Philly west side I understand the risks .. and I am with my clients who are armed most of the time and when i started buying this stuff it was south of 8 mile in Detroit.. so understand that risk.when I bought courthouse steps in the PNW Portland SW washington no so much worry about armed folks although that has probably changed with the housesless folks / squatters these days.
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28 July 2024 | 1 reply
We currently own one door (split acquisition and closing costs and contribute equally to management and ownership), and have split equity and cash flows from the property - also pretty standard in my experience.My question is this - I want to purchase a house hack and would like to use our current business entity for accounting purposes (tracking income / expenses / etc).