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13 January 2025 | 18 replies
I find value in the 10k Club because it gives us lifetime access (without Subscription of $97/mo) to his tools for finding deals!
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30 December 2024 | 7 replies
If you plan to own real estate for a lifetime, this can be a huge benefit to your heirs.
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16 January 2025 | 7 replies
To maximize your chances of success, recommend sharing that and the percent increase in taxes & ins with tenant and asking them what they think a fair increase is.- If they say $0-$50, you'll have to get rid of them at end of current lease.- If they are more reasonable you may want to accept if for now, but let them know you'd be doing regular increases to get the rent more inline with market rent.Too many newbies here will tell you to get market rent or get rid of the tenant.
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9 January 2025 | 0 replies
Closing costs typically range from 2 to 5 percent of the total loan amount, and they include fees for the appraisal, title insurance and origination and underwriting of the loan.”When it comes to closing costs, a trusted lender can guide you through specifics and answer any questions you may have.
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2 January 2025 | 18 replies
It's highly unlikely to go that low again in your lifetime.
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4 February 2025 | 26 replies
I’d challenge you to go approach any sponsor and and ask them what percent of the deal they’d take.
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29 January 2025 | 23 replies
Yes sir, I agree with that 100 percent.
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3 January 2025 | 5 replies
Everything I see for the northern VA area and beyond market is just so unattainable; it seems like unless you have a down payment, that is way way way more than 20 percent, there is no way to get any positive cash flow.
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21 January 2025 | 31 replies
They claim only 2-3 percent of the companies are audited so the more clientele they have the percentage of audits will be less even if they make some calculated risks.Few Deductions they highlight which you can get with proper planning and right CPA.1) 119A - Revenue stream bifurcation2) Augusta Loophole 280A - use primary residence for 14 days of business and pay you back without tax implications.3) Paying your medical and children education fee using c-corp4) offcourse the famous charitable llc - another program and package.Thanks for the insight.
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2 February 2025 | 20 replies
It is my opinion it is a small percent that do not act with integrity.Do thorough and conservative under writing.