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4 May 2024 | 2 replies
Once a person lets earnest money go hard, they become emotionally attached.If you find yourself in a situation, where there was something majorly different than what you realized, then it is my firm opinion that it is best to let the seller have your earnest money and take stage left.Remember, no deal is better than a bad deal.No, I have not always been the master of that particular principal.
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5 May 2024 | 19 replies
I haven't used Investor Carrot personally and know many people are happy with it.
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3 May 2024 | 8 replies
I've also filed my personal 2023 tax returns and have those available with the STR income included.
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4 May 2024 | 10 replies
Better pricing if they also insured your personal home.
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4 May 2024 | 7 replies
But back to my first point, if you can use the "tax benefits" at all, if so how much, and how they effect taxes owed at the back end of the deal are all unique to each person's situation.As for refinances, some syndicators model refi's and other's don't.
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3 May 2024 | 1 reply
My personal approach to this, I don't seek for a positive cash flow if I have bare minimum equity in the property.
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4 May 2024 | 3 replies
While I am fine renting while I search for the right investment, my dream would be to build (for my own personal home).
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3 May 2024 | 4 replies
I've done this with my properties because I'm well known in my small town and don't want people to know what I own.LEGAL PROTECTION: By placing your assets in an LLC, you are legally separating them from your personal assets.
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3 May 2024 | 2 replies
HELOC's are used for personal expenses or home improvements.
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4 May 2024 | 2 replies
Personally I work with one contractor on all my projects and he goes with me on my first walk through.