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1 July 2024 | 13 replies
You could even look into Opportunity Zones.Other options are doing a Cost Segregation study depending on the property.To drag out the gains, you can do a Deferred Sales Trust, or Installment Sale.
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2 July 2024 | 13 replies
It needs to be easy to understand, flexible, and cost appropriate for a small start up.
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2 July 2024 | 14 replies
We know there are multiple venues to get the leads, some very costly others not, some demanding tremendous effort (like going door by door, driving for dollars , or making thousands of cold calls etc.) , others not so much (mass mailings, for instance).
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2 July 2024 | 5 replies
It cost 200 per year for a million dollars coverage above and beyond your regular insurance.
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30 June 2024 | 9 replies
Can I just increase the rent to some unrealistic amount (there's no rent control in my state)?
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1 July 2024 | 6 replies
When I buy properties with way under market tenants, I have a "bad news bear" letter that I send out which introduces us, explains the current situation and tells tenants what the current market rates are, and for tenants not under leases, when and how much the rent will increase.
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3 July 2024 | 4 replies
EDUCATE YOURSELF - yes, it will take time, but will lead to a selection that better meets your expectations & avoids potentially costly surprises!
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2 July 2024 | 2 replies
There are a few Categories that I have broken into their own calculations considering there may be cost savings depending on strategy employed.
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2 July 2024 | 1 reply
Requesting Buyer to assist on Closing CostsWe requested the seller to offer cash towards our closing costs.
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2 July 2024 | 3 replies
Understand the fees involved and calculate the total cost for an entire year of management so you can compare the different managers.