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20 September 2024 | 8 replies
(Which these duplexes will be until an LLC is established) But I wonder if there are benefits to earning my real estate license?
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18 September 2024 | 3 replies
Ask discovery questions, genuinely care about the answers, and seek to find a solution that falls in line with what is important to the owner.Aim to first establish trust with the owner.
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20 September 2024 | 7 replies
Give up a bit of projected return for an established operator.
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19 September 2024 | 5 replies
There are banks out there that offer lines of credit for GP stakes, which many established syndicators utilize and draw on to potentially fund their follow-on offerings.
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18 September 2024 | 3 replies
Consider options such as adding to down payments, reserves, or investing in other income-producing assets aligned with your financial goals.Next StepsTalk to Lenders: Discuss your financing options with lenders, including the possibility of a cash-out refinance or HELOC on your CT property, and explore the 10% down payment product for your next purchase.Real Estate Market Research: Identify potential markets or properties that fit your investment criteria, whether for house hacking in Las Vegas or remote ownership.Consult Professionals: Engage with a real estate agent, tax advisor, and possibly a financial planner to ensure your investment strategy aligns with your long-term goals and financial health.By leveraging your existing equity, navigating financing options, and resolving tax matters, you can position yourself and your girlfriend to successfully expand your real estate portfolio this year.
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25 September 2024 | 96 replies
The trick is getting in front of the administrator, establishing rapport and getting them to a price that makes sense for everybody.
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18 September 2024 | 7 replies
I would recommend you speak with your tax advisor and set it up correctly from the start, whether an LLC, Trust or something else.Also consider states different laws, maybe find a state with more friendly landlord protections.
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18 September 2024 | 6 replies
Being new to the LA market, I'm looking to partner with someone who has established relationships with local contractors and/or experience with creative financing.
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18 September 2024 | 0 replies
Being consistent is essential for establishing a successful thought leadership empire.
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18 September 2024 | 6 replies
An LLC can help protect your personal assets by limiting liability, and it also allows you to establish business credit early, which can be useful as you scale your portfolio.