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16 March 2019 | 2 replies
Purchase price: $375,000 Cash invested: $18,000 Converted our Basement into a Fully Functional Apartment- My only regret was that I didn't do it sooner!
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17 February 2019 | 10 replies
I would write down all the costs and deduct their down payment and ask myself would I like to have the building back next year at that price?
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9 January 2019 | 7 replies
However, a lot of those benefits come as the investments grow and not necessarily up front.However, for a real estate professional it is possible to get huge write-offs immediately.
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10 January 2019 | 24 replies
There is always a place near the end of the realtor's contract that you can write any additional terms or conditions.
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23 April 2019 | 9 replies
I'm still tempted to hide an Easter egg or write a no brown M&M clause within the lease with a reward rather than a punishment so I know who actually read the lease.
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24 April 2019 | 17 replies
If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.
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23 April 2019 | 1 reply
"f off, I'm not writing a 'CPA letter' because my liability insurance policy will be cancelled if that lender sues me!"
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27 April 2019 | 2 replies
If they are VERY professional, they will have their processes in writing as verification that it is enforced equally and fairly by their entire staff.6.
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27 April 2019 | 18 replies
Understand "why" you want real estate and write down your goalsNo TVNo radioNo social mediaNo games (except family stuff)Turn your car into a mobile university (podcasts, audio books)Get up earlyEat a simple diet (simplicity and mind-share)Keep a simple wardrobe (simplicity and mind-share)Give up social stuff for a year or twoSchedule specific time with your wife and kidsCut out spending that does not align with your goals (requires less income to cover)Tie your identity to growth (mindset)It's time to attack the day (every one of them).
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20 February 2020 | 65 replies
They are responsible for the exterior of the building, plane and simple.This is probably a silly idea and you'd need a lawyer to write it up...I don't know what your HOA fees are or how long you plan to live there, but if your HOA is $2000 per year and you plan on staying there for 5 years, you could tell them they need to pay $6K now for the roof and you will 'loan' them the other $5K at 7% interest and they can recoup it by you not paying your HOA fees for the next 2.5 years (and adding in the interest).