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12 January 2025 | 185 replies
(His profit is in the entry fee) He owes 3 months missed payments and I offered to catch up the arrears, bring the loan current, and take ownership.I myself own and operate 13 units since 2017, and I’d say I’m a good operator.Anyways, the issue is that now the bank/owner has been notified of non payment, and while the seller is telling me everything’s fine between him and the person on the note and all, I know that the bank has eyes on this account now.
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26 December 2024 | 21 replies
However, if the beneficial owner does not update thier FincenID the entity is the one at risk of being fined, not the errant FincenID holder.
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30 December 2024 | 11 replies
The flexibility allows investors to select the coverage that aligns with their strategy and budget.When clients receive a proposal, they are guided through their coverage options by an expert team member.
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23 December 2024 | 12 replies
You should not manufacture it retroactively for this year.GROUP 3: Tax strategies that are really for EOY considerationDelay receiving income into January.
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25 December 2024 | 11 replies
I have units without washer and dryer and they rent fine but I found myself showing to people who really wanted the washer dryer way too often so I do put that in the ad and review it again on talking to them.
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27 December 2024 | 21 replies
in our area that is a real big deal.. we did another demo and left a few pieces of flooring an inspector came on our job determined they had asbestos in them and we violated taking asbestos items to the regular land fill.. that cost me 19k in fines and 18k in lawyer fees to keep the fines from being really big..
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28 December 2024 | 26 replies
If you want to work with me great, but if not, that's perfectly fine too!
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4 January 2025 | 25 replies
@Gustavo Delgado, as Jonathan notes, it seems like you are not interested in truly investing in direct real estate, which is fine.
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30 December 2024 | 7 replies
Ask your contractor to walk the property with you if they're available during the showing, or at least send them the photos and information that you received from the wholesaler to get their opinion.In Pittsburgh a light or cosmetic renovation is about $20k, medium is $50k, and a full gut is $100k.
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27 December 2024 | 66 replies
(Using house hacking strategy)I would love to receive feedback regarding this region from more experienced investors.