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22 April 2024 | 12 replies
I have no idea of the difficulties to find financing as a Canadian, but I do know the difficulties of performing a successful BRRRR in San Diego at this time and consider it very challenging and on the edge of impossible.good luck
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24 April 2024 | 18 replies
Is that simply the process no matter how many properties an individual or fund implements?
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24 April 2024 | 9 replies
Conduct a thorough financial analysis to assess the potential return on investment, cash flow, expenses, financing expenses, and tax ramifications.Create a reliable screening process for potential tenants.
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24 April 2024 | 4 replies
I am currently in the process of eliminating all my debt (about 7000) and then resume my savings.
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23 April 2024 | 2 replies
As well as get any feedback or do's/do not's from investors who had success with this strategy.
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24 April 2024 | 11 replies
Are Rocket Mortgage and Lending Tree reputable and if I were to go that route, what would the process look like?
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24 April 2024 | 18 replies
Hi Stephen, I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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23 April 2024 | 0 replies
Can anyone share their thoughts and/or their success with either one?
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23 April 2024 | 6 replies
Accounting firms typically have nothing to do with this process unless somehow the title company subcontracted the preparation of the 8288 to them (which really isn’t necessary as it doesn’t require tax expertise, only familiarity with the FIRPTA procedures in general, which any title co who’s worked with a sale by a foreign person would likely know).This is indeed a weird situation and it definitely is unsupported by any authority in the code and regulations to send the withholding tax amount to an accounting firm acting as a middle man for the IRS unless they somehow expressly made an agreement to do so.Good luck with that
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24 April 2024 | 15 replies
To successfully invest in a property for steady income, establish your investment standards, research the market thoroughly, assess your financial preparedness, connect with local agents, property managers, lenders, and other investors, analyze properties carefully, consider various financing choices, do your homework before making an offer, and negotiate and finalize the deal.