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9 November 2024 | 8 replies
I have the chance to do this right with an investment mindset.
30 November 2024 | 0 replies
I’m exploring all options to try to save myself.
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5 November 2024 | 10 replies
@Terrance ColemanWelcome to the community and be ready for a huge amount of information at your finger tips.
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8 November 2024 | 10 replies
Volunteer work can lead to the similar experience.Education is a plus that can be brought to the table.
7 November 2024 | 9 replies
I'm looking to possibly flip or use the BRRR method to build a portfolio.
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5 November 2024 | 28 replies
And if you ever go to court to evict, you need to hire an attorney to represent your LLC vs doing it yourself.
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7 November 2024 | 4 replies
That said, we’ll go anywhere in the US where housing is needed and multifamily development makes sense.
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9 November 2024 | 5 replies
I think this would make sense in the long run for the rental property as it will extend the life of everything it touches like the Sink, faucets, showers, water heater, dishwasher, and Clothes washer while also providing clean drinking water in addition to the reverse osmosis drinking water system I already have installed.The main problem with this hardness level is that we get a major deposit buildup on all of these items, which will eventually clog up the faucets for tenants and lead to rusty shower enclosures that take forever to clean.In addition to this, it looks like we could likely have the salt added every couple of months by the property managers in addition to that it would allow for a quick inspection from them, and then also we would instead bill the cost of the service onto the ledger for the tenants.For reference, it does not look like the landlords in the area have water softeners.Thank you everyone for your input ahead of time.
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12 November 2024 | 2 replies
Hi,I'm in the process of selling one of the properties that has decent equity.
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15 November 2024 | 7 replies
Unlike a 1031 exchange, it gives you more flexibility in timelines and reinvestment options:- You typically have two years (sometimes up to three) from the end of the tax year in which you receive the insurance payout to reinvest in a similar or related property.- There’s no requirement to go through a qualified intermediary, as with a 1031 exchange.3. 1031 Exchange: A 1031 exchange is also an option but is generally less favorable than a 1033 in involuntary situations.