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27 July 2018 | 1 reply
Rehab: $50,000 (seller's agent information)ARV: $180,000Rent: Both units combined should rent for $1800/month (could potentially be upwards of $2200 with higher quality rehab)Monthly cashflow = $470(see photo of analysis for additional info)meaning...
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31 July 2018 | 14 replies
In addition, my parents and I started a small frozen custard store back in 2016 which I love running (and eating.... maybe to much!?)
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27 July 2018 | 5 replies
AIM: FLIP to start and build up additional liquidIty with a long term focus on the BRRRR strategy and generating sustainable cashflow through multI-family properties.
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25 July 2018 | 9 replies
I would get your Cpa and or a tax attorney to review the transaction and help determine the most tax efficient approach - especially if $300k in taxes is at stake.
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16 June 2021 | 14 replies
They're very efficient and also provide whole-house AC.
25 July 2018 | 8 replies
In addition, there was no refrigerator in the kitchen when we received the key.
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29 July 2018 | 10 replies
The point is the rules and efficiency will vary from one place to another.
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28 July 2018 | 4 replies
Additionally, I am looking to transition my career into something more RE oriented, as I am currently a project manager in a media company, and have been in Managerial/HR positions for the past 8+ years in non-RE fields.
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27 July 2018 | 1 reply
If you make renovations and/or additions to the property which will increase the value of the property, it is possible to refinance and pull equity out.
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31 July 2018 | 10 replies
I understand that the capital loss cannot be claimed.The entire intent to to practice parental largess without being subjected to additional taxes other than what is noted.Any comments or advice is much appreciated,Lawrence KaplanMarlborough, MA