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20 February 2017 | 13 replies
Find a local meetup that plays the game & I bet you won't struggle w/ gauging a decision in real life after playing the game.
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25 February 2017 | 8 replies
As for the comps, it's usually local versus getting them online.
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20 February 2017 | 34 replies
Maybe the best bet for me at this point is to try to work along side a syndicator, even though I have zero interest in syndicating a deal myself (just my personality) but the time is a tough commitment to me.
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9 January 2022 | 21 replies
San Diego is generally more desirable than Buffalo, so people will devote more of their income to housing, But I bet if you did this formula for every city the rankings would align very closely with the price to rent ratio. https://smartasset.com/mortgage/price-to-rent-rati...If you look at the list, San Antonio and Memphis are near the bottom.
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15 February 2017 | 20 replies
In other words, the seller will get less money if two agents get commission versus one.
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18 February 2017 | 17 replies
Versus purchasing a property because it makes a good rental.So I suspect your belief to sell your home rather than use it as a rental is likely the correct approach but I did not follow myself when I was starting out.Good luck
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22 December 2018 | 13 replies
,Since W2 employees get taxed BEFORE they get their money, you're kind of up a tree on this one.You'd do better to find a way to pay yourself from your deals thru an S-Corp so you can control how much of it is actually salary (earned income) versus dividend (regular income).
15 February 2017 | 5 replies
Mortgage terms in Canada vary from 6-months to 10-years with the 5-year, fixed-rate financing being the most popular (but not necessarily the best).You will come out ahead in the long run by using variable rate financing - there have been analytical studies comparing fixed-rate versus variable over the interest rate history from post WWII until present days which produced these findings.
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16 February 2017 | 4 replies
Inversely, if I love City Y, you bet I want to invest there, and spend time checking in on my property and enjoying and learning about the city I have money in.
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25 February 2017 | 7 replies
When it sells it will likely also be the closure of my business, and so I will be relying initially almost entirely on the rent that I would generate from whatever I end up with in my 1031 exchange, so income versus other ways to gain in real estate is my initial priority.In thinking about it and looking at options and poking around for the last couple of years, I am strongly leaning towards multi-family.