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23 August 2018 | 1 reply
Just the other day I discovered I wasn't alone and in our society of labels I managed to find one that fits me.
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8 December 2016 | 2 replies
You may discover you don't want anything to do with managing properties.
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8 December 2016 | 1 reply
After having the survey done it was discovered that the septic system was not on the property, and the sellers had to spend around $4,000 to correct the problem.
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9 December 2016 | 10 replies
With an FHA you can put as little as 3% down and you get preferred interest rates.Conventional loans can also have a construction loan component as well and you will get lower interest rates as well.A hard money lender will tend to have higher interest rates and points.
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13 December 2016 | 4 replies
Cost seg doesn't give you more depreciation overall, but it does accelerate it to give you a lot more depreciation now (On some assets in rental property it goes from a 3.636% deduction to a 40% deduction in the first year.) and in the next couple years as well as allow you to properly expense any component of the property upon replacement while starting depreciation on the replacement asset.
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8 February 2022 | 32 replies
I may not be interested today but if I plan on growing this is going to be a key component to that since I can only handle so much from down here (I may be reaching my limit).
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12 December 2016 | 3 replies
I currently work for a sub-sea robotics company managing the engineering park where I facilitate all necessary testing on prototype components prior to production.
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12 December 2016 | 2 replies
I currently work for a sub-sea robotics company managing the engineering park where I facilitate all necessary testing on prototype components prior to production.
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11 December 2016 | 5 replies
Any of us who txfr title to LLCs are aware of the slight but technically possible risk).We discovered the hard way this program is no longer available, as we're now stuck with two properties that were rehabbed in an LLC, and now that we're at the end of the 6-month required seasoning, we've been told by no fewer than 6 different lenders that we have to move the properties to our personal names, wait ANOTHER 6 MONTHS, and then refi, if we want to go with a Fannie/Freddie loan.Any brilliant ideas to get around this/move forward without waiting another 6 months with cash tied up and (in the case of one property) a hard money loan racking up major interest?
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13 December 2016 | 5 replies
We discovered Bigger Pockets recently and have already learned so much, so we signed up.