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10 May 2024 | 22 replies
For example, if the market rent on the duplex unit you'd like to occupy is $500/mo, you can go rent another similar unit for $500 (-$500/mo on your personal bank account) and rent out the units owned by your Solo 401k (+$500/mo for your Solo 401k).As you can see, -$500 and +$500 equal the same net effect in the short term, but long term, you'll accumulate wealth more rapidly because when you go to reinvest the cashflow from the 401k-owned unit you were going to occupy (but rented out instead), the tax benefits of full reinvestment will add up faster.How do I pay the returns back to the 401(k)?
9 May 2024 | 27 replies
I also connect it with RemoteLock so anytime a guest makes a reservation, a door code is automatically created for them equal to the last four of their phone number.
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14 May 2024 | 125 replies
Usually most 2-3 months about it.I figure with a 7k payment (includes taxes and insurance) I should have 42k in reserves which equals 6 months.
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8 May 2024 | 0 replies
I carefully inspect the brick or siding to see if there are any severe problems that may necessitate extra repairs or replacement.Sidewalks and resident profiles are equally significant.
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10 May 2024 | 23 replies
BP should definitely create a therapy group because I equally fall into that trap with some of our Chicago renovations...I went to a property to do a quick walkthrough check and then somehow I end up with a broom in my hand cleaning because messy job sites are my pet peeve.
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9 May 2024 | 43 replies
Say in this example you were required to take what equaled 10% of the property.
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7 May 2024 | 3 replies
So rents will not be equal to upper units.
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7 May 2024 | 6 replies
Not all title companies are equal, and choosing the right one can make or break a deal.
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6 May 2024 | 8 replies
Low-risk tenants pay equal to one month of rent.
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6 May 2024 | 25 replies
Not all agents are equal, find the agent who fits your goals best.