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9 May 2024 | 9 replies
My wife and I are Realtors and have completed two fix and flips and are about to start on our third.We have an investor and his wife who want to fund a fix and flip as silent partners and split the profits from the project while my wife and I will provide the sweat equity.Our investor and his wife have a new LLC that they intend to run their real estate investments through, and my wife and I have an LLC that we run our real estate business through.We have never done a partnership deal like this and have a few questions:1.
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12 May 2024 | 9 replies
While I've done some research on the topic, I feel that hearing from those with firsthand experience could provide invaluable insights.From what I gather, co-hosting involves assisting Airbnb hosts with various tasks, ranging from guest communication and check-ins to cleaning and maintenance.
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11 May 2024 | 7 replies
The more professional you present yourself the better.
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11 May 2024 | 11 replies
I decided not to renew one of tenant lease , the tenant did not provide me her email for me to send the welcome package and the non renewal lease notice.
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10 May 2024 | 15 replies
Since then the company which provided the solo 401k was acquired, rules changed so that now (in 2023) what companies offer this option?
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12 May 2024 | 5 replies
Contact the utility provider and get a historical average based on the last year of use.
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11 May 2024 | 7 replies
For travel medical professionals I will accept a copy of their fully executed contract in lieu of pay stubs because their prior pay stubs may be totally different than their current contracted rate.
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11 May 2024 | 25 replies
That house will rent for less than $3,000 a month so you'll have nothing left to set aside for vacancies, property management, etc.Learn how to crunch numbers, then work with a professional that can help you understand the true costs of a market.
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13 May 2024 | 19 replies
What this means is that the Seller is providing you with "ideal numbers" which means that they are using "top of the market numbers" for rental rates.
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9 May 2024 | 8 replies
Of course, this assumes you're keeping track of everything religiously, as it would be hard to reconcile such records and ensure completeness.Otherwise, look into hiring a bookkeeper/accountant/CPA who can provide this as a service for you and can help advise you proactively, so you can prevent issues rather than remedying them after the fact.