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23 September 2019 | 31 replies
Because it was easy to induce tenant/buyers into such arrangements (with a minimal down payment) and easy to evict them using the forcible detainer process if they defaulted.
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11 January 2016 | 0 replies
I tried to keep good records/receipts up until now but I can't help but feel I am either missing deductions, or other ways to minimize taxes owed.I picked up the book Real estate tax secrets of the rick: big-time tax advantages of buying, selling and owning real estate by Sanford Botkin.
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17 January 2016 | 15 replies
As someone who has operated a robust and successful wholesaling business for over 10 years, if your goal is to eventually fix and flip, might I suggest that instead of bearing the cost and frustration of attempting wholesaling, you become a bird dog for the dominant wholesaler in your market: Your out-of-pocket is minimal; you will learn from someone who knows what he/she is doing; you'll learn a lot about the market; you'll avoid making a mistake that can get you called in front of your state real estate board; you'll get paid to do it!
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20 December 2016 | 5 replies
Unfortunately I really had minimal response with this so it's kind of sat on the backburner.As for business integrations - I've had tons of luck anymore with Facebook Messenger.
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13 January 2016 | 25 replies
I've also been living out of state and using a property manager with minimal issues..so the long distance landlord isn't really a concern either.
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12 January 2016 | 3 replies
I could make a very minimal down payment on the new house and then use the cash flow each month from the land contract to pay down the mortgage on the new house, thereby using compound interest received to pay off compound interest on the new mortgage.
15 January 2016 | 7 replies
My properties in rent control I just do minimal upgrades to and let them sit while my non-rent controlled properties I constantly fix up and try to improve constantly.
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13 January 2016 | 6 replies
Your returns are greater as expenses are minimal (30% versus 40 - 50% for straight rentals).Do you really want to spend your time repairing stick homes or mobile homes?
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14 January 2016 | 12 replies
These types of rentals make sense if you want to spend a minimal amount of time dealing with your properties.
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12 January 2016 | 1 reply
Well, to start with, closing costs are minimized as you don't have all the "junk" fees that lenders impose.