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9 May 2020 | 2 replies
You've already purchased the property for $86,000, and this plus maybe repair cost if you can document it, will be the basis by which lenders evaluate the maximum loan amount.
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9 May 2020 | 8 replies
While the numbers aren’t as high long term and cash flow isn’t as high, they can recoup capital quickly to acquire more properties than after you have a larger cash basis you can go for cash flow and lower mortgages.
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9 May 2020 | 8 replies
Not only are they FREE to use most of the time but if you don't, you're negotiating directly with someone who sells this asset type literally every day in order for them to make a living.
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9 May 2020 | 2 replies
In order for remote work to be successful in any company, the business owner needs to ensure that each person knows exactly what they need to be doing every day.
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11 May 2020 | 11 replies
I just bought in at the low point in March so I am not doing too badly right now, but it gyrates all over the place every day, which can be a bit unnerving at times.
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9 May 2020 | 10 replies
Yes I’ve been educating and learning everyday, I have a decent understanding on how to do a rental analysis (any tips or advice is much appreciated though).
9 May 2020 | 5 replies
Otherwise you have a really high basis for land at 200 units unless this is a really desirable are that can cover the that cost?
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14 May 2020 | 12 replies
Aside from real estate, I am a marketing data analyst leveraging SQL, excel, and powerbi to provide data insights in my job on a daily basis; an avid traveler; a CrossFit junkie; a loyal sports fan; and a loving husband.
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10 May 2020 | 7 replies
The other difficulty you'll face is that upon the death of whoever's house this was they should have a stepped up cost basis which means capital gains are likely to be of little concern to them.
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12 May 2020 | 15 replies
Partner in the big picture, not on a small time per property basis.