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12 April 2024 | 40 replies
haven't posted in a long time so please be gentle...my wife and i purchased a piece of land 3 years ago to build on (for ourselves). instead of building, and due to the madness of "covid" times, we ended up buying a house instead.we've been attempting to sell our land for 3 years now and have had 5 contractual offers. 2 of the buyers ducked out during attorney review for valid reasons (the land is near a landfill that's defunct), 2 because "they didn't know building was so expensive" (come on, do your research), and 1 recent offer backed out three days before closing!
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10 April 2024 | 8 replies
Be intimately familiar with it or find someone that is. 6.Buy umbrella insurance to CYA. 7.If you do not hire a Realtor and are not familiar with contracts, hire a lawyer to look over.8.Make sure your credit score is good and you have liquid assets for more than you think you need. 9.Talk to an investor friendly lender to get familiar with the types of products.
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10 April 2024 | 11 replies
This applies to properties used for the production of income, such as rental properties.However, if you initially declared your property as an STR (which typically falls under different tax rules), you might have been using a depreciation period of 39 years, which is common for non-residential property or property used for personal purposes.When you convert your property from STR to LTR, it's considered a change in use for tax purposes, and you would adjust your depreciation schedule accordingly.
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11 April 2024 | 2 replies
Judging by the many recent posts on this forum, my title should attract a wide audience :)Is April 15th the last day to file my taxes?
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11 April 2024 | 1 reply
Mortgage statements automatically sent to sellers new address when he put in his change of address with the post office.
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11 April 2024 | 13 replies
Expect more posts in the future that will be shorter and have more specific questions!
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11 April 2024 | 12 replies
Thank you for your post!
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9 April 2024 | 0 replies
So all you might end up paying would be small fees not part of closing, title, settlement, etc.example $68,457 would be $745.15 a month.Who are actively pursuing such equity loan products?
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10 April 2024 | 11 replies
I have completed 3 brrrrs and have many years of construction knowledge. my main reservation is not having the end buyer when I'm finished with the project. if all of these numbers where true would you be comfortable flipping a house in a town with that small of a population. also, what research can I do to ensure there will be a buyer for my product.
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8 April 2024 | 16 replies
I am still running the show for FlipperForce and will continue to be heavily involved in working on the product vision.By joining Fund That Flip which is a leading nationwide lender for real estate deals we will have more resources to invest in our software platform and improve our product and services for our customers.