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29 September 2020 | 18 replies
Stanford just issued a study showing that people in east coast cities average 26-27% with antibodies.
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4 October 2020 | 5 replies
To protect/maintain the corporate veil, you need to avoid co-mingling and using the LLC as your “alter-ego” (that is he legal term)...
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14 October 2020 | 6 replies
Throughout this time, I have been thinking a lot and researching about whether it would make sense to continue spending the time renovating, or if I should buy refurbished, or if I should even look to purchase new.For those who are experienced in this space, I was wondering if anyone has ever done a financial case study to see if manually building a HUD code approved mobile home (via Home Depot materials) could potentially be cheaper than purchasing new?
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2 October 2020 | 10 replies
I am specifically looking for a tool to automate maintaining the agreements in the lease and communications with tenants, as well as a ticketing system for maintenance requests, maybe a capitol improvement request functionality.In my wildest dreams I would find a consultant someone local to central Massachusetts who would come in and see how the portfolio is currently being managed and make recommendations on accounting and property management systems and processes for our team to evolve.
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10 October 2020 | 3 replies
Hello EveryoneOver the past year and a half, I have been studying and researching and learning as much as possible about real estate.
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29 September 2020 | 4 replies
You could contribute sweat equity by maintaining the property, managing operations, etc.
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29 September 2020 | 3 replies
Hello BP Community,My partner and I each own or own home, have one buy and hold under our belt, and have been studying the BRRRR methodology, which is how we plan to scale.We're interested in a duplex (built in 1915 - not an uncommon age for our market) that needs a pretty solid overhaul.
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29 September 2020 | 1 reply
Do i maintain "ownership" during the lease option to satisfy the capitol gains exemption.Say I initiated the lease option at year 1. continued living there for the next year unit i reached my 2 years, move out and rent my old unit.
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30 September 2020 | 3 replies
Usually old houses that were never maintained have a lot more issues behind walls.
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29 September 2020 | 4 replies
And with all-time low interest rates, if you have a deal that works now is the time to buy and lock in the low rates as long as you consider the market forces at play.Let’s talk about some key points that can help you prepare for success and avoid catching the falling knife if you are just getting started or looking to scale your multifamily business:· To pick up on conservative underwriting, now would probably not be the time to maintain 2-3% rent growth in your pro forma.