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25 June 2018 | 11 replies
Until an 'investor' reaches critical mass (escape velocity) in number of units turning enough profit that even the occasional catastrophe won't change their life style, it's got to be keep your head in the game and all hands on deck.It's all fun until it's not.
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24 June 2018 | 2 replies
The mentality I had was if these people were the real deal I thought they would give REIA meetings and if someone had a good deal they would be willing to work with you and take a percentage of the profits instead of charging $24,000 for coaching.
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24 June 2018 | 4 replies
Even with 1500 a month coming in there just isn’t much in the way of profit that it would be worth your efforts and money .
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11 July 2018 | 13 replies
I would sacrifice some cash flow for a good PM team that knows how to minimize expenses and increase bottom line profits.
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25 June 2018 | 4 replies
My goal is to pursue the BRRRR model as I want to generate sufficient income from multi-unit homes to allow me to expand my investing business into a full-time affair replacing my current 9 to 5.
25 June 2018 | 2 replies
Pay yourself a modest salary and the rest as profit distribution.
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24 June 2018 | 2 replies
We are looking to start an LLC. should we pursue the LLC startup 1st or 2nd??
24 June 2018 | 2 replies
All you need to do, is make sure that you have a minimum of $30k/yr in profit, to make the payments on the loans.
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25 June 2018 | 6 replies
I think I'm in line and understand all you are saying, but one last question.purchase price was $72K + $40K rehab = $112K all in...If sold for $200K then the gain(profit) is $88Kdo I pay taxes on the$88K or on the entire $200K.
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25 June 2018 | 9 replies
That way your profit is unknown by the Owner/seller.