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22 June 2020 | 30 replies
@Vu Nguyen I’d connect with one of the realtors on BP, some who know Baltimore have already chimed in on this thread, speak to them about your goals and what you’re looking for while doing some research yourself on the city and potential properties by crunching some numbers.If you’re looking for management, there are plenty of property managers who could place renters in there and manage it for you.Just takes a bit more work than a turnkey and @Farrukh Ali outlined this in his comment.
25 March 2020 | 3 replies
He outlines several common methods for financing any kind of deal: All Cash, Conventional Loans, Portfolio Lenders, Private Lenders, Home Equity, Partnerships, and Seller Financing.
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17 September 2020 | 502 replies
J Scott has a process list from his first book that I have outlined, but want to hear if any others have amended to that list and or found something that is easier?
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31 January 2022 | 248 replies
The cost for that inaccuracy in the underwriting for me as an LP I have outlined below acceptable parameters.
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20 March 2021 | 63 replies
I'm not a developer or larger real estate organization, but I imagine anyone who is trying to find actionable information would also need more information in order to act upon what's outlined here.Overall a very interesting read.
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5 February 2019 | 56 replies
There is also language in the agreement (at least in Nebraska) that outlines the role and responsibilities of the agent in the transaction, who specifically they represent in the transactions, the extent of their fiduciary duty etc....You won't be able to make an offer on a house through a buyers agent until you sign the agreement with some agent, whether it's the one you are using now or a different agent sometime in the future.
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29 April 2019 | 17 replies
@Michael PlaksMichael, I'm wondering what the fixed percentage of the principle payments are the tax-free return, and what is taxed.I read this on another biggerpockets article, but haven't validated it yet: "For every $1 of principal seller receives, $.50 of it will be taxed as capital gains"I'm trying to offer a principle only seller financing offer, and want to outline the tax benefits to the seller.
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1 April 2018 | 9 replies
In the personal property Trust my solo 401k and my partner's entity are the co beneficiaries, and the joint venture agreement outlines the responsibilities of each partner as well as all buy out or liquidation parameters.
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19 February 2019 | 107 replies
I believe there was a BP podcast that outlined a millennial doing exactly that with 5-6 properties, actually.
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20 January 2017 | 29 replies
Clearly out line in your lease the policy on additional tenants.