24 June 2020 | 3 replies
But there are many components to a deal other than just the price, such as infrastructure, age of homes, location and potential rent increases, so there may be much here that is positive that I just can't guess from that summary report.
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25 January 2021 | 22 replies
The social perception of a bearded construction worker is a rough and tumble and you want to be perceived as the sweet kids that we want to sell our house to.
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30 June 2020 | 1 reply
Every component of a house has a finite design life and at some point needs to be replaced.
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30 June 2020 | 0 replies
Social Media, SEO, Direct Mail, Cold Calling, etc.) have you found to be most successful in your virtual wholesaling business?
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22 July 2020 | 2 replies
Some would say it's working IN my business, but as far as I'm concerned, I am learning a LOT of lessons about the structural components of real estate, how the work is done, what material prices and labor costs to expect for various components, the scope of work that I hadn't accounted for, small details that are useful to know when looking at the next property, managing contractors and subs, taking ownership of shortcomings and finding creative solutions to tackle problems, and equally important; Having an absolute blast while I'm at it, fueling this passion!
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30 June 2020 | 2 replies
We helped ready the existing residents for relocation by providing information on other local available apartments as well as social services who help in these situations.
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30 June 2020 | 2 replies
You can't garnish welfare, social security, child support, social service assistance funds, retirement accounts...but the "deadbeat" tenant will cost you your retirement funds and deplete your financial assets.
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2 July 2020 | 4 replies
You cannot accelerate the depreciation of your entire property to a 5 year schedule, however there are many components of that property that can be.
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4 July 2020 | 15 replies
So then you are subject not only to the larger cap gains rate but also FICA taxes like unemployment and social security, thats why when your all said and done the tax rate can effectively be upwards of 50-60% on flips.
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28 August 2020 | 66 replies
You are running a business but there is something to be said for social responsibility and you don't have to choose between the two to be successful.