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28 September 2018 | 8 replies
Every investor with a plan has criteria of what they want to buy.If you said, "I want duplexes with 2 or more bedrooms in X area of town that are side by sides." that would make me more likely for me to remember you.
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12 October 2018 | 24 replies
You can't form an S Corp and run those expenses through to offset your W-2 net taxable for the same reason I can't form an S Corp and write off the cost of my new bed sheets and huaraches.
4 October 2018 | 5 replies
If it doesn't meet 1%, it wont cash flow for me.
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31 October 2018 | 26 replies
I highly recommend getting that done in the form of a subcontract agreement - short form or master depending on the dollar value of the contract.You need to incorporate a schedule of values breaking down the contract sum into tasks, and with an accurate cost assigned to each task.
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27 September 2018 | 1 reply
I am in need for a contractor to come out and do a bid for me in the Bradenton , Sarasota FL area.
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12 October 2018 | 15 replies
Thank you all for having me and thanks in advance for all of those who will give me some information on the next steps for me.
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30 September 2018 | 11 replies
1) Not a lawyer, but in most states you can find the same forms your real estate agent would use.
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27 September 2018 | 16 replies
A 70% LTV is too high for me so I may have to find a private lender for 80%.
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26 September 2018 | 0 replies
I’m looking into alternative methods to house having and MFH run for $700k+ out here.At the moment, I live in a detached garage converted into a 600sf 1bd/1bth.Since the 700k price point for a duplex with max 3bd/2bth unit to rent it out of question for me, I was thinking of the possibility of picking up a smaller house with the possibility of converting a garage or building a separate addition that my wife and I would then be able to live in while renting the main house.I know CA is becoming very favorable towards ADU’s now a days and was wondering on if this could qualify as a primary residence for myself as well as me be able to use potential rental income for me to be able to qualify for a loan.Still new to BP and REI, I couldn’t find a google answer on this, so any help would be appreciated.Thanks!
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27 September 2018 | 2 replies
In Texas, it doesn't cost extra to make a series LLC when you form it or renew it annually (in Texas we don't even have renewal fees).