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29 October 2018 | 6 replies
You can do a google search for a 1031 tax calculator to get a ballpark idea (you will need a few data entry points (sale price, depreciation taken, balance on the loan, 1031 fees, etc.)
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9 October 2018 | 2 replies
Some of this is common for new construction.As far as repair, does anyone have ideas?
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8 November 2018 | 100 replies
I mean I have 10 million plus of those but that's inventory and I have a bunch of equity and well I never hold anything .. also coming into a little slower market I just wont get over my ski stips I might build 10 homes on spec in the 400 to 700 range but that's it.. if they don't sell I rent them and suffer a little negative to ride out the market and don't sell if prices are not in our favor.. so to use Thomas leverage ideas I do that a lot.. but just not on long term contingent debt..
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11 December 2018 | 1 reply
I am going to turn one of my units into a vacation rental. I would like some assistance from a professional, or someone who knows what they are doing to help guide me in making sure the unit flows nicely for a vacatio...
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20 October 2018 | 14 replies
I think each one should have their own LLC partnering into an LLC for these type of endeavors.You need to read these threads:https://www.biggerpockets.com/renewsblog/effectively-conduct-joint-venture-agreements-as-a-real-estate-investor/https://www.biggerpockets.com/forums/48/topics/596231-how-do-i-properly-construct-a-purchase-with-a-partnershiphttps://www.biggerpockets.com/forums/51/topics/591376-create-an-llc-for-first-partnership-best-way-to-do-sohttps://www.biggerpockets.com/forums/51/topics/526244-taking-on-partner-s-and-limiting-our-liabilites- one base idea of asset protection (and LLC) is to separate your personal affairs from the real estate investing.
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13 October 2018 | 15 replies
A statement like his would be a huge red flag that a) he's a crook b) he has no idea what he's talking about c) he's lazy and doesn't check comps.
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10 October 2018 | 0 replies
I’m writing this because I need some strategies and ideas on organizing and jeeping track of expenses, numbers and fees.
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10 October 2018 | 0 replies
Understanding your end goal and building a plan to achieving it is far more important than the idea or thought of just buying one property.
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13 October 2018 | 5 replies
The best way to get an accurate idea of what the value would be is to have three appraisals done.
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10 November 2018 | 11 replies
If you have a fairly good idea what you want, make a sketch and do it through fiverr.