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28 November 2024 | 4 replies
By doing so, you'll be able to use accurate assumptions when underwriting deals with strong levels of confidence!
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23 November 2024 | 4 replies
If the software is not simplifying your life or making you more accurate, you shouldn't use it.
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27 November 2024 | 3 replies
But if set up correctly, they can be more consistent performers over time and have more predictable cash flow.
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28 November 2024 | 1 reply
If you are looking for loans on real estate or a business lenders don’t necessarily care about the credit history of the LLC - they care about the performance of the asset and your creditworthiness since you will most likely have to sign personally.I have established multiple LLCs just days before closing on large loans for different assets, those particular entities barely existed and the banks did not care.If you are talking about pulling a business line of credit (like a HELOC, but against your business equity) then the banks like to see some history of revenue.
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5 December 2024 | 554 replies
Also calls Bitcoin the best performing asset in the last 1, 5, and 10 years.
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1 December 2024 | 21 replies
Those properties won't look as good on paper, but they'll perform MUCH better in real life.
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29 November 2024 | 5 replies
She’s busy as is and I perform all the real estate related items.
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28 November 2024 | 4 replies
Make sure you put in your contract with the GC some performance incentives to make sure the renovation is done on a timely manner.
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29 November 2024 | 27 replies
@Jim GoebelThanks for taking the time for the thoughtful response.I think that if one were to submeter, the fairest/most accurate way to do so would be placing the sensors/meters IN the units.
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26 November 2024 | 1 reply
The problem is, airbnb income is not considered "stable" so for qualifying purposes there isn't a way to project that accurately if there isn't any previous rental history for the property.