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15 September 2021 | 10 replies
@Peter Kim, place it where it is earning you the most money for the risk level involved.
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14 September 2021 | 1 reply
Recently a resigned from my well paying corporate career and no longer have that W2 that conventional banks love to see.
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22 September 2021 | 5 replies
Here are some important things to consider:- I am pretty much at capacity running my RE business, so I don't have a ton of bandwidth to do it all myself- Let's presume my opportunity cost is such that pulling away from my RE business to "do it all myself" for these rentals is not a good use of my time, as I'd earn a higher dollar per hour being the CEO of my RE business than the dollars per hour savings trying find off market deals (I.e. saving 20k and trying to do the rentals myself would cost me more than 20k of lost opportunity cost by pulling my attention away from CEO level tasks at my RE business, which might generate 40k of revenue for the same time)- By the same light, turnkey could be an option, I'd be willing to pay the turnkey premium for the time savings of finding and vetting my own deal, however I know I'd still need to underwrite my own deal provided by a TK company, so having someone who can help that underwriting process would be super valuable, rather than me trying to learn from scratch how to properly underwrite the deal.
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3 October 2021 | 4 replies
That being said, the past year has really made everyone reevaluate their financial positions and careers/businesses.
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14 September 2021 | 2 replies
To refinance at conventional low rates you need net income on your IRS taxes in past two years and YTD 2021-or 2022 if you go longer earnings averaged to be less than 43% of all total bills including the proposed payment taxes, insurance and any HOA.
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17 September 2021 | 4 replies
Either it's paying down debt or earning more money somewhere else.
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22 September 2021 | 11 replies
Since seller didn’t provide anything to earn that deposit, you could argue unjust enrichment.Now I’m not familiar with Texas case law.
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4 November 2021 | 7 replies
I have a 4 unit property with great tenants in New Ipswich and I'm looking to switch my current property management company due to my old pm who changed careers (bless her heart, she was great) and I can't seem to connect with the new person the company replaced.
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17 September 2021 | 2 replies
The Army moved me and my brother stayed behind to work on his career.
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15 September 2021 | 1 reply
I'm 19, I currently reside in Washington State, dropped out of college, I was studying computer science but then realized it just was not for me and found myself not knowing what I wanted to do for a career.