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3 March 2020 | 32 replies
Sometimes one neighbor will cut down another neighbor's trees without permission and it gets expensive to remedy, since the cost to purchase and install similar tree can be really high.
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25 February 2020 | 4 replies
How did you acquire your first property and do you still use that same method today?
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25 February 2020 | 7 replies
If I was starting all over again, the way I acquire deals would depend entirely on my financial situation.
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25 February 2020 | 2 replies
Say...one project is a 6 month add value rehab ( I think that would easily fit into your last remedy due to the value add).
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2 March 2020 | 3 replies
Based on that I am looking to acquire my first single family rental in another market for a price no more than $100K and BRRRR.
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7 March 2020 | 22 replies
Hello all,My property management company is having some trouble renting out one of the units in my recently acquired duplex (It doesn't help that it is the dead of winter in Wisconsin, lesson learned).
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25 February 2020 | 4 replies
They seem to forget it takes 10 years and on top of that some of them don't invest or acquire assets, like tangible assets including but not limited to property, stocks, bonds, CD's, mutual funds, or classic cars.They want to buy a home but they can't give up the honeymoon to Hawaii and new SUV in the driveway.
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28 February 2020 | 2 replies
They just don't have the ability to move the needle at the park, nor will they care as much as you do as the owner, so you will be left disappointed with their lack of performance.With all that said, if your focus is to acquire value-add parks that require a lot of work, I would suggest YOU become the expert and take the role of offsite manager, overseeing the onsite manager.
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26 February 2020 | 4 replies
Self-directed IRAIf you are self-employed with no w-2 employees, you can set up a Solo 401k & rollover funds from a non-Roth IRA as a tax-free direct rollover and then invest in real estate.A Solo 401k has several advantages as compared to a Self-Directed IRA including the following which specifically apply to your situation:Unlike a Self-directed IRA, you can have the account for the Solo 401k at a bank or brokerage that does not charge maintenance fees and where you will have checkbook control.Unlike a Self-directed IRA, if you use leverage (which must be non-recourse financing in either case) to acquire real estate with your Solo 401k the income will not be subject to Unrelated Debt Finance Income taxGeneral Considerations Re Investing Retirement Funds in Real Estate:1.
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29 February 2020 | 11 replies
The only way I see where maybe they're coming from is the buyer thinking that they'll acquire a HELOC or HML if they win the bid and maybe can't get it.