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2 August 2024 | 4 replies
One concern I have with this company is that another real estate agent owns it.
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2 August 2024 | 29 replies
Its actually one of my dreams to own a hotet/casino/nightclub in vegas so I'm following this although it does sound pretty far off. when you say you need money for the DP are you asking for like...all of it...or 50/50
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2 August 2024 | 1 reply
In a “nutshell”What can work - partnerships where each person brings a different necessary asset (knowledge, experience, time, capital, credit) to the table, the responsibilities, rewards, and expectations are clearly spelled out, legal documents are created to head off disagreements, and the parties are compatible.What doesn’t work - partnerships formed by two or more inexperienced people looking for “comfort” rather than going it alone, and anything other than the above.
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2 August 2024 | 1 reply
But if you have properties you own you could use those as leverage and secure against those but no lender is going to give you basically an unsecured line which would attach if you win a foreclosure sale.
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2 August 2024 | 20 replies
Initially, I was apprehensive about paying for utilities, but it has been easy to budget since the units are smaller.Overall, it's much less stressful and more hands-off when tenants manage their own utilities.
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2 August 2024 | 0 replies
Hello, I own a rental house on a large lot and I'm planning to divide the lot to build a duplex for renting out.
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2 August 2024 | 2 replies
@Dennis Carter IINot an attorney but I do not see why title insurance would cover this as there was no written agreement that was missed it was verbal - there was nothing they missed.Sounds like your best bet is to drill your own well.
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31 July 2024 | 4 replies
That is usually done by having your own CPA, Attorney, or Registered Investment Advisor (someone with a license) write a letter stating that they have reviewed your financial statements and/or income statements and that you are indeed Accredited.
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2 August 2024 | 7 replies
We also have a Bookkeeping for Real Estate Investors Course based on using QBO for REIs who want to do their own books (prior to having the cashflow to outsource).
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1 August 2024 | 19 replies
To get your feet wet, get a PM. once you learn the ropes, you can manage one out of state property on your own.