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23 April 2024 | 3 replies
I found the parcels, the descriptions of the properties or land, but I don't know how to find out if there are any additional liens on the property that I will need to pay.Is there anyone here from Utah who is familiar with those auctions?
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24 April 2024 | 15 replies
I am always down to talk about real estate investing in Columbus, Ohio.I can share insights on investing on both single and multifamily properties, including out-of-state investing.
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24 April 2024 | 8 replies
I would suggest sharing the property analysis with your advisor to he/she understands the deal and properly add it into your financial plan.
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24 April 2024 | 7 replies
I would think of this problem differently: I might encourage them to explore ADUs... this would give them an additional stream of income and would likely only require a relatively small chunk of money in their savings (relative to the total cost).If they could partner with someone that has experience building and/or flipping (to qualify for the construction loan), then cash them out with a 30-yr DSCR loan (and use that as the builder's profit), then they could rent the property and enjoy the cash-flow.
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24 April 2024 | 7 replies
Anyway, I'm so glad to be done with them soon and warn against this group because they looked out for #1 instead of looking out for their private money lender in addition to their business.
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23 April 2024 | 3 replies
Thank you for your insight.
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24 April 2024 | 16 replies
Sure, some CPAs will perform bookkeeping for an additional fee, but handing your CPA a box full of reciepts at the end of the year is not a reasonable expectation.
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23 April 2024 | 1 reply
Any insight into the below questions is much appreciated, and I look forward to reading your responses!
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23 April 2024 | 5 replies
They are all going to have insights on the existing businesses that might want to grow/move spaces, types of businesses looking for spaces, and the need of the area.
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24 April 2024 | 18 replies
@Patrick HancockLLC's are not free and there are costs associated with LLC1) Formation costs - potential attorney fees and setup fees with the state2) Registered agent fees if the LLC is not in the state that you operate out of3) Annual fees to keep LLC active4) Bank feesThere are also additional administrative burdens with having so many LLC's.