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9 July 2024 | 8 replies
(This will be a business, not a relaxing vacation on the beach.)
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9 July 2024 | 6 replies
Ideally, targeting properties conducive to the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method can optimize returns, although such opportunities may require thorough market exploration.Should you require further assistance in evaluating potential investments to align with your business strategy, I am available to offer guidance.
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7 July 2024 | 12 replies
A good checklist for quarterly walk thru, checklist of age on appliances and mechanicals for forward planning and do the upkeep to keep things in good repair.
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8 July 2024 | 13 replies
You either need to become an expert and do SEO yourself or hire an agency that has a complete plan and roadmap for getting you to a place where organic motivated leads are flowing to your site at a rate where you are taking down profitable deals each monthMike Plactere of We Buy Long Island Homes Fast is a perfect case study of someone who used this approach and is dominating his market.
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8 July 2024 | 35 replies
Now that you have purchased your property, you may have to apply for your business license with the Commissioner of Revenue for a small fee and receive your business licensure checklist.
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7 July 2024 | 28 replies
I plan on using them still once I aquire another small Multifamily.
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8 July 2024 | 20 replies
We've found it has superior reporting features, integration features, and is overall more efficient to work within than other REI-specific software.The downside is QBO is not set up for REI so you'll need to do that or work with an expert to ensure it is set up for your business appropriately.Something else to keep in mind is your entity structure and how your entities file tax returns.
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8 July 2024 | 16 replies
If I buy a new property as a primary residence and move into that new house, will I still have to pay a down payment for an investment property if I plan to rent out the house I currently have after I move into the new house?
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11 July 2024 | 22 replies
However, if you’re early in your investment career and plan to grow at some point down the line, then it mathematically makes no sense paying down either with extra principal payments.
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8 July 2024 | 9 replies
They need to speak with a lender who can pull their current entitlement charged for the current loan, and then they need to tell the lender what County they want to buy in and how much of a home and downpayment they plan to purchase.