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3 October 2021 | 24 replies
Only thing extra I'll add is that the "buy more real estate, get more deals, get more in debt!"
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5 October 2021 | 10 replies
We've found that the extra cost is well worth it, over the long run.
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4 October 2021 | 8 replies
LLCs have expenses associated with them (which depending on the state can include annual filing expenses, and filing fees for holding properties in other states, etc), but for just getting started or owning a small number of properties , you likely do just as well to just have some extra umbrella liability insurance.
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18 October 2021 | 48 replies
Instead of ruing the extra work that Section 8 now entails, you might instead train one or two employees (if you have employees) to specialize in Section 8, then market that service to other LLs in Colorado that have the same gripes as you but don't want to put in the legwork to make it work.
30 September 2021 | 3 replies
@Milena Blanch if you are good living in one of the units this will give you the ability to put less down, and use the extra money for another property either SFR or another small multifamily while you are living in the first one.
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1 October 2021 | 4 replies
If the home is more than your eligibility, you'll have to cover the extra cost.
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1 October 2021 | 13 replies
Hustle with a side job and earn some extra money.
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1 October 2021 | 0 replies
Purchase price: $1,200,000 Cash invested: $400,000 10 Unit with a 4 car garage plus extra lot for parking.
2 October 2021 | 2 replies
Lets say you only have $15,000 extra cash to put down toward the down payment in the case it doesn't appraise, now you can afford for the property to appraise as low as $380,000 and still go forward with the deal (you'd need $115,000 total in this scenario to go forward with the deal).
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3 October 2021 | 2 replies
I have no idea really.I guess a good way to start would be to figure out how much it would cost for the services (if I were to hire an employee) and then back in to that plus a little extra for her.