22 November 2021 | 2 replies
Or, have the government disproportionally raise property taxes specifically for houses that are mortgaged at low rates, and use the revenue to bail or compensate those banks that are failing due to their debt hyperinflation?
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22 November 2021 | 2 replies
Of course, we also plan to add a couple high quality TVs, good furniture, and keep the interior clean.The back yard is marvelous and just about the biggest/nicest in the city.
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22 November 2021 | 1 reply
The Company generated $453 thousand in revenue for the first six months of 2021 and through timely purchases of Bitcoin, Ethereum, and other cryptocurrencies, BTCS has substantially grown its digital assets over the last year.
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29 November 2021 | 36 replies
But I would argue buying with a lower down payment to try to get ahead of inflation and hoping revenues stay at 2021 levels or continue to rise isn’t sound investing.Now if you run numbers based on 2019 revenue projections and can still comfortably cash flow with a lower down payment.
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25 November 2021 | 5 replies
The biggest challenge in the BRRR in my opinion is having the rehab makeready completed from a distance.
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11 December 2021 | 6 replies
The biggest lesson learned, which I still have issue with sometimes, is to hire professional to do the right work.
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23 November 2021 | 5 replies
This is usually the biggest concern landlords have when leasing to operators trying to arbitrage and they're afraid of people partying and damaging their property.
22 November 2021 | 3 replies
Giving them right of refusal to match competing offers, renewals for 21 years, and if you break it they are allowed to collect 75% of gross revenues (they only get 50% now) for the remainder of the lease and that 21 years of renewals.
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6 December 2021 | 5 replies
@Athan McCollum'I am currently looking for some proper guidance into finding a CPA that has REI experience and can help make sure myLLC is as bulletproof as possible in creation"You likely want to reach out to an attorney instead of a CPA if you want a bulletproof LLC.I personally have 4 LLC's that own rentals.The bank offered me approximately a $5,000 business credit card for each LLC.The bank normally will provide you a credit based on the business's revenue / your relationship with the bank.Best of luck!
22 November 2021 | 1 reply
The biggest thing to help ease investors is have proof of payment, proof tenants are current, maintenance history(at least recently), have leases on hand, transparency, and being able to walk the properties.