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14 May 2024 | 11 replies
It's all about the team you have in place, in my opinion a true turnkey rental is one where the provider purchased the property with their own money, did the renovation and own the property management company on the back end.
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13 May 2024 | 4 replies
I have been listening to podcasts, webinars, and scrolling Zillow constantly to educate myself to be an asset to any future partners that I may end up doing deals with!
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13 May 2024 | 16 replies
Exactly.Last time I counted, I had 23 business bank accounts, and while it can sometimes be a pain in the butt (for example, I have about 11 different checkbooks), at the end of the year, it makes accounting much, much easier...
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13 May 2024 | 3 replies
Which should never be the case.
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14 May 2024 | 10 replies
I would go to your smaller institutions and see what their commercial side can do for you.I'd be interested in finding out what you ended up with.
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13 May 2024 | 2 replies
Additionally, I was never informed of my right to conduct a final walk-through before closing.
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13 May 2024 | 4 replies
There are some improvements that i'd like to do to increase resale, and just general upkeep (ie- new tile floor in kitchen, replace fence that is end of life.
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12 May 2024 | 4 replies
@Tabb PittYou should get atleast 25% down and charge atleast 9% interest as you can get 9% all day long private lendingThis will essentially kill the deal for any qualified borrower so you will end up with non qualified borrowers who most likely will default in 3 yearsJust sell it traditional method
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12 May 2024 | 4 replies
I never knew that there was a public master plan for each city.
13 May 2024 | 5 replies
If you locked in a better interest rate when you bought the house then you might end up loosing it and replacing it with the current higher interest which could cut into your cashflow.