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6 October 2021 | 4 replies
(Probably should have made that the title... but it won't let me now lol Hope you enjoyed the story)I need somewhere to live temporarily while I work on my deal and perform and repairs needed to make the space habitable, hopefully no more than 2 months, but my first idea was renting an RV and just basically vacationing with my dogs during the process, it would be fun, but very cold and me + 3 large dogs might get cramped for that long.
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6 October 2021 | 8 replies
I am buying two buildings locally here in the Chicago area with exactly this scenario, and I have learned the hard way that clearing the building and forcing the rents is the best way to get your building performing.
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11 October 2021 | 31 replies
The park is really under managed and under performing.
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7 October 2021 | 3 replies
You set just enough time for title to insure and for you to perform whatever due diligence you feel necessary.
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8 October 2021 | 2 replies
Everything is going great and the properties are performing well, however I am out of my own funds and feeling like I am not making the daily progress I am used to.
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7 October 2021 | 4 replies
And our only role is the performance of the 1031.
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8 October 2021 | 4 replies
It cost us $24,000 to get our 9 certificates including the tests and work performed and we’ll claim a $13,500 tax credit on our 2021 returns.
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14 October 2021 | 9 replies
The beauty of RE is there is many ways to make it work, you just need a plan and stick to it.
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8 November 2021 | 8 replies
An inspection will be performed, which may or may not result in the deal coming to an end or a renegotiation on price.
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8 October 2021 | 3 replies
Not sure what unit count you're considering but the nice thing about jumping above 4 units is the bank will put more weight on the performance of the property than your own personal finances.