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30 September 2020 | 3 replies
Right now isn’t the best idea to buy in a lot of areas so I am continuing to prepare to eventually buy a place.
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29 September 2020 | 3 replies
I agree with Ryan..make sure you know your neighborhood when preparing to invest.
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30 September 2020 | 3 replies
Asbestos you would need to test for.
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3 October 2020 | 4 replies
My lovely fiancé & I are preparing to buy our first home here in Southwest Florida.
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29 September 2020 | 2 replies
Hello! My name is Tony Wilcox, and I am an insurance broker located in Indianapolis (licensed in all 50 states). Today I wanted to share a few pointers for things to look out for on future, and past investment propert...
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29 September 2020 | 4 replies
And with all-time low interest rates, if you have a deal that works now is the time to buy and lock in the low rates as long as you consider the market forces at play.Let’s talk about some key points that can help you prepare for success and avoid catching the falling knife if you are just getting started or looking to scale your multifamily business:· To pick up on conservative underwriting, now would probably not be the time to maintain 2-3% rent growth in your pro forma.
29 September 2020 | 3 replies
The tax freeze part requires some preparation and quite honestly might not be feasible since a portion of the requirements is to keep or save the interior contributing features.
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29 September 2020 | 3 replies
You get monthly cashflow while you test drive the properties.
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29 September 2020 | 4 replies
Anyone who would do that would meet my "too stupid to tenant" test.
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30 September 2020 | 2 replies
Please be sure to select a Solo 401k plan provider which allows you to take a loan and will prepare the required 401k loan documents.The repayment terms are equal monthly/quarterly payments (as you prefer) of principal and interest (e.g. prime + 1%) spread over a 5 year term (or longer if you will use the loan to purchase your primary residence).There are no prepayment penalties and no restrictions on what you can do with the proceeds of the 401k loan.Please note that you are obligated to pay back their 401k (regardless of the performance of your real estate investment).As an alternative to taking the loan, you could even purchase the investment property directly using funds in your Solo 401k (assuming you select a Solo 401k plan provider which allows you to invest in real estate).