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11 August 2024 | 10 replies
This question comes up often.
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16 August 2024 | 0 replies
I had quite a bit of money saved up from years of traveling and not really paying any rent as I was staying in hotels and accommodations paid for by my tours.
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16 August 2024 | 1 reply
Penciling, comping, and closing deals come easy to me, but now I want to further challenge myself and increase my net worth to pass on to my children by getting into multi-family development.Who I want to connect with- Other DevelopersI want to understand how you are capturing these opportunities, penciling them out, and managing these projects from the ground up.- LendersI want to find a lender that I can rely to provide me a steady stream of debt and who I can show they can rely on me to provide them a good return without dealing with any surprises on my end.
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17 August 2024 | 0 replies
But the property in question is zoned as a residential single family home... just curious on how all of that works together so that I don't end up violating any laws in the future while still being able to make a profit.- So questions I have:What is considered a "dwelling unit"?
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16 August 2024 | 3 replies
I grew up in the Milwaukee area, went away for school to The University of Iowa (Go Hawks), and now I am back and thrilled to be working in property management and helping people reach their real investment goals.
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16 August 2024 | 2 replies
If you walked up to Michael Jordan and said, "I want to learn sports" he would walk away.
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16 August 2024 | 19 replies
. 🙄 That is another good way to do it.My deposit is usually 1.5x the rent so it would take a lot of rent increases to catch up to 1.5x of current rent.1st, last and normal deposit is also a great way to do it!
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12 August 2024 | 26 replies
The first time my partner force me to put in 2% which I ended up doing..
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16 August 2024 | 6 replies
I asked my mom to see what they want for the house, I have a hunch that it's payed off and they just want to offload it, they mentioned doing a quick close .. the ARV is about $220k and she's kept up with maintaining the property.I'D buy it with hard money, fix a few things while she pays me rent (the hard money interest rate) and do a cash out refinance in 6 months.Do you think that's a good strategy?
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11 August 2024 | 2 replies
For example, if I have an LLC for my own property management company and would like to work under a brokerage is there any reason my LLC couldn’t be set up as a subsidiary under the brokerage and then break off in a few years.