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7 January 2025 | 6 replies
The key is to identify personal property from real property.
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15 January 2025 | 9 replies
I highly recommend going to meetups and talking to investors in person.
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21 January 2025 | 5 replies
If one project slows down, others can keep moving.Stagger Projects: Start planning your next project while finishing the current one to keep your pipeline full.DSCR Loans: These loans focus on the property’s income, not your personal income, which can help you finance more properties.StrategyFlip and Hold: Flipping one property while prepping another for rental keeps cash flowing and builds your portfolio.BRRRR Timing: Since BRRRR is slower now, using DSCR loans to get multiple properties might be a good hedge.Good luck with your flip and future investments!
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22 January 2025 | 9 replies
The 5-10 it gets heavier and a lot busier, and 10-15-20 it really is untenable to self-manage especially if this is not you main business like a person buying their own rentals and building it like a small business.
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15 January 2025 | 6 replies
If you are calling the licensed person off the radio AD a lot of money.
22 January 2025 | 14 replies
- Of course, most of these PMCs weren't even properly licensed and were typically one-person companies.If you have an LLC, the PMC will only need the LLCs EIN.- If you chose to set up your LLC as a pass-thru entity, then you will need to supply your SSN.FYI - to avoid getting nasty letters from the IRS about errors (which might cause us to be audited), we will ask for a copy of your EIN assignment letter or a copy of your SSN card to confirm those numbers.
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13 January 2025 | 10 replies
I use quicken for personal and WAVE for my businesses.
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27 January 2025 | 35 replies
I personally see several issues with investing in Dubai real estate right now.
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9 January 2025 | 20 replies
There's a common belief that your tax person should also be an investor themselves.
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17 January 2025 | 2 replies
I have personally wanted to build my home on this land for 10 years, as I've always been interested in this.Issue is, I've never done any work with residential development, only smaller land development, about 13 acres, and commercial, all on my own.With the residential development, I'm trying to get a sense of anyone in the space currently and what some ballpark costs might be for infrastructure and how that all works.