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24 October 2024 | 15 replies
Getting a 2nd is extremely difficult and for those who buy seconds or are considering them here is an example of "what the guru does not teach you"In Georgia, a non-judicial state, a foreclosure is not done through the courts.
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16 October 2024 | 25 replies
Playing around with filters should help me narrow down rather quickly till city level, after that would be more local resource based play and leveraging ones network.Keen to read more on this.
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20 October 2024 | 1 reply
Hey everyone, my name is Alex, I’m a new investor in Ontario and I have learned so much watching the podcasts and reading books from bigger pockets, I love the community and how helpful everyone has been, I would love to network with some other Canadian investors and learn some more!
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23 October 2024 | 18 replies
Been lurking here for a while and constantly felt like I was learning something new.
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24 October 2024 | 16 replies
Here's a bit more in detail about how rates are calculated for DSCR loans:1.
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12 November 2024 | 5 replies
I've talked to TransUnion four times in the past 3 days.
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13 November 2024 | 2 replies
Imagine you bought a property for $2M.The land (excluding any structures) is valued at $400K.Since land is not depreciable in the eyes of the IRS, we subtract the land value from your purchase price to get your depreciable basis.Your depreciable basis is simply where a cost seg engineer starts from when allocating your eligible assets into either 5, 7, or 15 year property.In the scenario above, your starting basis would be $1.6M since your basis = your purchase price - the land value.Having an accurate land value is essential to getting your depreciation/bonus depreciation calculations right.This is the starting point for any cost seg study that you do.
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12 November 2024 | 4 replies
They're practically giving them away compared to 2021 prices.
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24 October 2024 | 27 replies
Here's my 2 cents on how God has called me to live.1.
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12 November 2024 | 3 replies
I would be inclined to not hold on to a cash flow negative property, I see our costs only going up.