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14 August 2024 | 10 replies
@Kwame Locks in addition to the advice of going to meetups, here's one strategy I think that would help you find someone to mentor you.As you go to the meetups meet as many people as you can, try and find more about their business so you have a rough idea of what they do and focus on, but more importantly try and ask them what problems they currently have or what they're struggling with.
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15 August 2024 | 9 replies
One strategy could be to use it to secure an investment property in a lower-cost, higher-cash-flow market—essentially, using your funds to maximize returns without tapping into that 2.75% loan.Creative Financing: While seller financing can be tough in some markets (especially where sellers still have mortgages), you might want to explore subject-to deals.
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13 August 2024 | 15 replies
Once you befriend one of these big players, ask who they use.
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12 August 2024 | 3 replies
Then from there just narrow down the ones that don't look like they'd work?
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12 August 2024 | 16 replies
I'm not anywhere near KY but one of the three counties I invest in requires inspections.
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12 August 2024 | 3 replies
Upon closing, we will have 45 days to identify 3 replacement properties and then 180 days to close on one of those 3.This seems like a concerning setup.
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14 August 2024 | 19 replies
No one likes fake authenticity
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12 August 2024 | 8 replies
You're missing one factor: That you can sell your property and probably not pay capital gains since you've lived in the property for 2 our of the last 5 years.I'd split, sell and take the money (or most of it) cap gains free.
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14 August 2024 | 8 replies
But, I would recommend hiring an REI-savvy Bookkeeping Professional one day so you can focus on other higher revenue-generating tasks.
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14 August 2024 | 11 replies
It should just be a one time fee to quit-claim a property to your LLC.