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5 December 2024 | 31 replies
However, one of my biggest concerns when fixing homes is knowing when to use permits.
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5 December 2024 | 8 replies
If you’re concerned about paying personal capital gains tax, remember that flipping the property means you’ll take the profit all at once, while with BRRRR, you can defer some taxes and have the property generating income.So, here’s what I’d do in your shoes:If you can make a decent profit flipping and then use that cash to roll into your next investment, you might be better off taking the cash, at least for the first project.
26 November 2024 | 4 replies
They can finance the land, but not the mobile home.
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4 December 2024 | 18 replies
If you are truly concerned with liability, these should be your main concerns and focus, not whether to create your LLC in Wyoming or elsewhere.
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4 December 2024 | 30 replies
We currently use Rent Manager for our property management software for our mobile home parks and other rentals, etc, but use QBO as our main accounting books.
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5 December 2024 | 25 replies
I understand your concern it’s always important to ensure everything checks out.
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2 December 2024 | 5 replies
As far as the garage concern, it was not included in the lease.
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27 November 2024 | 26 replies
Quote from @Kevin James: My tenant wants a refund of $175 for a lapse of 4 days without internet for the cost she incurred by using her mobile hotspot.
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3 December 2024 | 10 replies
If high rates are your primary concern, you could potentially look around for a similar arrangement.
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30 November 2024 | 14 replies
That's great that the bank who currently holds the note wants you on 20 year or 15 year amortization, they view you as a captive customer, they don't have to earn your business any more, as far as they are concerned.