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1 October 2024 | 12 replies
I have two LTRs out of state that are managed by a local, fantastic property management company.
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8 October 2024 | 1 reply
These types of properties are easier to come by, often better priced, and can increase your overall rent for the property.
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30 September 2024 | 17 replies
Can I self manage this property and still get a refinance?
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8 October 2024 | 10 replies
Also, if you intend on buying this property as a single member LLC you may not even require an EIN.
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10 October 2024 | 9 replies
The $13,000 Roth, grew to $47,000 tax-free after the sale of the property ($34,000 tax-free).
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9 October 2024 | 3 replies
If it's 1-4 units, then you'll need to look at comparable properties, but with 5+ units you'll want to determine the future value with NOI and cap rates.
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7 October 2024 | 1 reply
I've been considering a property near one of my kid's colleges that is currently a multifamily. 3 units: 2/1, 1/1, 1/1.
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7 October 2024 | 16 replies
I recently went under contract on a property through my wholesaler.
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7 October 2024 | 3 replies
The rent:sqft is generally 1.0-1.3.List price seems on the low end of what I comp the property at.
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8 October 2024 | 11 replies
My CPA put that as loss in my tax return and carried it over.Next year they sold the property for a gain of 32K.