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22 March 2024 | 19 replies
Even if they are investors maybe they’re got super sweet super secret STR income plans or house hacking by the room plans that generates much more income than your plan.
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22 March 2024 | 11 replies
Are you planning to live in one unit and do repairs or is it all renovated already ?
22 March 2024 | 6 replies
@Jonathan Klemm My plan is to eventually turn the two units into a SFH, which I know would definitely require permits.
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22 March 2024 | 5 replies
So your plan is to be negative $3-4k per month?
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22 March 2024 | 1 reply
But as mentioned even this plan will probably double your interest expenses.
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21 March 2024 | 11 replies
Such questions are for one-on-one tax planning.
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22 March 2024 | 6 replies
Hi Everyone,I'm playing with the idea of building a Shipping Container Home around Asheville, NC.The plan is to either hold it as an STR, or to sell it.The question I have is regarding Mortgages:* If I hold the property for STR, I will want to be able to Re-finance my money back out (BRRR Method)* If I sell it, I will want to make sure a buyer will be able to take out a mortgage for purchase.
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22 March 2024 | 0 replies
Retirement planning How did you find this deal and how did you negotiate it?
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22 March 2024 | 4 replies
Unfortunately, there is no right answer.....It depends on the specific property, it's condition and what you're planning to do with it.For example, on a distressed property that you're going to flip, if it's listed for $250k, I have offered $150kOn a prospective primary residence that is a custom home, if you offer $650k on a $750k list price, the seller will probably just reject your offer and not even counter.