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16 March 2020 | 18 replies
Some screw stuff up so bad that it is tough to fix, even when they call in the professions.
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14 March 2020 | 12 replies
That's the most active meetup I've found.It's going to be tough to find BRRRR style homes here in the area due to the recent appreciation, but I'm not going to say it's impossible.
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12 March 2020 | 6 replies
A Solo 401k also allows for employee deferral contributions, so you might be able to contribute more than just the profit-sharing contributions previously mentioned.
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1 July 2020 | 24 replies
The single income households that I have are not service based employees, so I think that makes a huge difference.
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13 March 2020 | 2 replies
Its pretty tough to get a valuation when there are no comps, because nothing has sold!
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10 November 2021 | 12 replies
.), Taxes (Property & Other), Depreciation, Business Mileage, Education & Training, Bank Fees, Employees, and Independent Contractors, Repairs and Maintenance, Insurance, Property Management Fees, Supplies, Utilities (Oil, Gas, Electric, Water, Phone, etc.), Home Office Expenses, Travel Expenses, Snow Removal, Landscaping, Pest Control, etc., HOA Fees, Business Meals (50% deductible), that doesn't stop you from cash flowing growing equity and someday retiring wealthy.
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12 March 2020 | 3 replies
These Merrimack duplexes were built for the Merrimack Mill employees long ago.
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31 March 2020 | 14 replies
Zero can be tough, but 3 is possible and 5 is certainly doable.Be creative....to match the market.
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6 April 2020 | 11 replies
Pricing these can be tough because of the potential damage you can do to the neighboring properties.
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17 March 2020 | 13 replies
We are nor panicking instead trying to think though some scenarios and communicate/plan on paper . 1.Ownership:1.Create a “Medial Power of Attorney” to take over decision control if any/all owners get sick 2.Communicate ownership delegation with property manager2.Property Manager/Other Employees:1.Communicate CDC requirements 2.Outline and agree upon rent collection work process if city were to shut down 3.Outline and communicate a call tree identifying repair personnel 3.Safety:1.For employees: Release funds to buy protective gear while working within premise 2.For tenants: Communicate 2 times a week with CDC requirement as COVID19 is a REPDI development 3.For Owner: Identify all elderly tenants and communicate with them to call CDC if they would show any sign4.For Owner: Identify companies who does preventive medical grade clearing if any cases to be identified within premise. 4.Insurance :1.Confirm with current insurance to avoid and potential liability from owner to tenant negligence perspective 5.Operations:1.Review plan for marketing to get tenants if people were to leave during outbreak 2.Review plan for eviction during shutdown (if any) 3.Review cash position: 10 months cash supply covering 10 month of debt payment .