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20 January 2020 | 2 replies
The renter was just overall disrespectful of the space and took advantage of things where they could there's a lot more to it than that but I'm trying to keep things short, Ish.I have a folder of basic House Rules like a lights out time and we all should be aware that sound travels, basic stuff.But one particular thing that urged me asking her to leave was I came home from a real estate job around 2am to a pot on the stove that was at a rolling boil and a pan in the oven, meanwhile she is asleep.Going off this it makes me feel like I need to put a rule down for every little thing even though it seems common sense not to leave cooking food unattended.Does anyone have any advice for some house rules that they have created that they would like to share?
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20 January 2020 | 4 replies
Hello all.I’d like to know what’s the best way to structure my real estate business for anonymity, asset protection, and the best tax advantages?
28 January 2020 | 5 replies
One of the advantages of this strategy is that there isn't any need to go hat-in-hand to a lender.
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20 January 2020 | 2 replies
I think you could really profit from circling back and doing a business plan of how you plan on acquiring, rehabbing and liquidating your target properties so you can figure out what your competitive advantage is.I'm sure this is just the first step to you making a mint of money, and I hope to see your deal diary in an upcoming post a few months from now.
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20 January 2020 | 6 replies
The answer will effect weather i sell it, as i'm buying a new primary, or the preferred route of renting it out, then selling it later to take advantage of 10 yrs of appreciation to then help payoff my new mortgage?
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20 January 2020 | 1 reply
I'm looking in this range, because I have a full time job currently, so I'd rather find properties that are ready to rent right away and to deal with good tenants.My goals are to continue to buy a new property every year and take advantage of the depreciation against my current W2 taxes along with other eventual financial freedom goals.
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23 January 2020 | 62 replies
Zero advantage for your great family friend. 17k disadvantage to them for knowing you.
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23 February 2020 | 3 replies
One thing you could certainly do to raise it's market value is redo all of the drywall and finishings to bring that up to current standard home quality and design.When it comes to Buying it... take advantage of some sectors of the market thinking the home should be undervalues and snatch that thing up cheep. get it looking good and make off with a bundle.I am personally looking at Modular construction here in Houston.
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26 January 2020 | 6 replies
Thanks BP Advantages we see are tax credit and no electric billDisadvantage is solar panel lease/loan is attached to your mortgage if we go to sell buyer must assume lease/loan
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24 January 2020 | 65 replies
you can sell and no lose too much money, and look for a good investment, since it sounds like you paid too much relative to rental income (mine is the same, but it was not bought as an investment, just my last house in a market that crashed so I couldn't sell without pain) Due to my income level I cannot offset the loses but I do see your point in taking advantage of the open window