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19 September 2019 | 34 replies
Account Closed when you said you used a solo 401k, do you mean you literally cashed out your 401k and paid the penalty then used the cash as the down payment or that you bought the property through the 401k?
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30 September 2018 | 4 replies
Is there a site for a annual fee that I can do checks vs a fee per check?
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24 September 2018 | 7 replies
The existing quad is listed for sale at $1.1M and a 5.3% CAP.Commercial multifamily in the area sells at a CAP rate of roughly 4.5%.The existing property is zoned to allow for 6 units and has available land to build an addition duplex for ~$150 per sqft.Assume 1000 sqft duplex at $150,000 and we’ll build that into the loan.After expenses, the additional units will each increase the annual NOI by $14,400 = (Gross rent – operating expenses = $600x12x2).Purchase Price $1.1MMConstruction: $150KLoan amount: $1MMTotal for project: $1.25MM20% down: $250KPre-construction NOI: $58,300Post construction NOI: $72,700What is the estimated property value after construction?
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3 October 2018 | 16 replies
And then we saved up annual pay raises, enlistment bonuses, tax returns, extra rent and so forth, instead of spending it.
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31 October 2019 | 11 replies
Depending on your ownership, Diamond, Hilton, wyndham etc. you just have to stop paying and they will close your account.
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12 November 2018 | 14 replies
If you are leaning towards Quickbooks, online or desktop will have enough features for your accounting needs.
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10 October 2018 | 4 replies
From the pic I am seeing a yard so that needs to be accounted for potentially as maintenance.
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4 November 2018 | 11 replies
Account Closed yes, but I had long banking relationship with the bank.
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29 September 2018 | 10 replies
Account ClosedThe starting point of "he has an old SDIRA from his employer" sounds fishy to me.
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22 April 2022 | 12 replies
.- As others have stated, total cost to maintain your license annually is ~$2,000 worst case, depending on your brokerage setup, etc.