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5 September 2017 | 8 replies
You must return the funds within 30 days and show receipts.
1 September 2017 | 4 replies
I recently inherited a 4-unit apartment building free and clear. The property needs to be renovated to achieve maxium cash flow. My credit is not good...any advice would be appreciated.
1 September 2017 | 4 replies
I would recommend learning how to raise private capital.
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1 September 2017 | 16 replies
Do you have some extra funds that you could reinvest and rebuild?
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1 September 2017 | 0 replies
There is most likely room for another assisted living/memory care on my land but I do not have the know how or funding to build or operate one.
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18 April 2018 | 7 replies
A couple weeks after closing, the buyer came back to me and mentioned that my property management company signed new leases and filled the vacant unit with new tenant during the escrow process (after I signed the contract but before the escrow closes).The new leases are 1 year long and the new owner is not happy as he cannot raise the rents.
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3 September 2017 | 2 replies
Now when we sell this subject property, should we distribute proceeds to each partner of LLC and they handle their taxes themselves OR, should we first take the sale proceeds into the LLC which will call for capital gains tax and then distribute funds to all partners and then again they may have to pay taxes as their income for the year on the profits.What is the best approach in such scenario.
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1 September 2017 | 0 replies
The seller has agreed to set up an escrow account to withhold funds to cover the lost rent moving forward.
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1 September 2017 | 7 replies
As far as the stock market goes your money is at significantly more risk than a savings account and it is very volatile in the short term however over long term (10+ years) low cost index funds have proved themselves reliable, unfortunately this isn't a feasible time frame if you are saving for a down payment in most cases.
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3 September 2017 | 8 replies
"Down payment assistance." consisted of raising the price and telling the people buying the paper that the people put down 20%.b.