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9 June 2018 | 51 replies
Luckily the realtor tried to show the $1200/mo Hoa as a benefit as I would have “full use of the casino amenities...” less than 5 years later I didn’t buy the equivalent condo for $200k.
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20 May 2018 | 0 replies
What other careers within real estate do you know of that benefit from having your license?
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20 May 2018 | 3 replies
They could consider doing an exchange to a DST which is 1031 exchange eligible, but would provide managed real estate (completely hands off), but they still get the income off the DST along with the benefits of real estate (such as depreciation).
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21 May 2018 | 4 replies
@Jason SternThe Solo 401(k) is going to provide the maximum benefit as far as deductions and flexibility with future investments.Since you are maxing out your $18,500 contributions in your current plan, you would not be able to take advantage of employee deferrals in your own separate plan.
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24 May 2018 | 25 replies
If 97.5% do not have this happen, and 2.5% have a randomness of multiple offers coming in at the same time randomly that is 175 times per month or 2100 times per year this phenomina would happen.The law of large numbers tells me not only will it happen, it will happen often.So yes, it just happening happens pretty often, especially if you combine that 2.5% with other percentages of ither possible outcomes that have the same essential outcome.
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22 May 2018 | 7 replies
So I essentially have about $150k in equity.
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22 May 2018 | 3 replies
Having a person to call at anytime who will offer good advice on contracts, closings and what to say and not to say is essential in springboarding your career.
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29 May 2018 | 15 replies
There are so many benefits as an investor to having access to MLS, comps, seeing any property any time I want, negotiating with listing agents myself, etc.
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29 May 2018 | 1 reply
I was talking to an acquaintance the other day and they informed me about a strategy where one can essentially partner with insurance companies for when an insurance client's home is destroyed through natural disaster or other causes and the client can be put up temporarily in the rental instead of being put up in a hotel by the insurance company for the time being.
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28 May 2018 | 11 replies
Because they essentially aren't getting more money than asking even if the property were $100,000 and you offer $106,000 with 6% concession $106,000 *94% = $99,640 which is less than asking and includes more hassle for the seller.