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15 August 2024 | 6 replies
You're dealing with the general public and if you're serious about having a STR business it needs to be set up and run as such!
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20 August 2024 | 452 replies
If they are publicly traded....just don't even try.
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16 August 2024 | 19 replies
We are not allowed to contact you first or offer our services publicly.
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14 August 2024 | 11 replies
I had to dig through a lot of public records to track that down.
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14 August 2024 | 1 reply
To me the quadplex would be dual purpose, while you are not living there it serves as a reliable stream of income, once you move there, you could live in 1 of the units while you build your permanent home, and you could also use it for when your family comes over for large gatherings.A 2nd option might be to build an RV park, Unless their are zoning restrictions, you should be able to build one fairly inexpensive, with a septic system and either public water or a well, you can keep your costs to a minimum by doing gravel roads, which are easier to remove later if you don't want them.
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13 August 2024 | 11 replies
Unfortunately, this is no longer available in SC because of a new law prohibiting the use of public data for marketing.Luckily there are some new motivated seller lists that don't rely on this public data that are doing well for investors.
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14 August 2024 | 12 replies
Perform the same task in each app to ensure a fair comparison.Load a property with pictures and details.Market that property.See what your marketing looks like from the public's perspective.Submit a fake application to see how easy the process is.Run a credit/screening report on yourself.Enter a maintenance request, assign a vendor, and attach a fake invoice.Enter charges to the tenant's ledger.Enter recurring charges and automatic late fees.Sign documents electronically.Run owner reports.After testing a few apps, one should clearly stand out.
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14 August 2024 | 8 replies
I think i remember reading that you can also demonstrate accreditation status by working in some capacity for the syndicator, or also by working "meaningfully" in real estate anywhere in some capacity, and these don't have a dollar value ie. the 300k joint filing or 1Meg net worth threshold. but the amount of due diligence required to invest in a private syndication is/should be a lot, which always are more opaque than a public RE investment, like REITs, is something you may want to avoid until you have been involved in RE directly for some timeconsider mortgageREITs, eg.
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15 August 2024 | 21 replies
BTW, does anybody know WHERE self-directed IRA's are addressed in IRS publications?
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13 August 2024 | 21 replies
I'm a little pressed for time but check this link - https://www.irs.gov/businesses.... and Publication 523 for more information.