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3 May 2020 | 13 replies
On top of that your rents are going up and you're using a 3.5% down payment to acquire another 3 units.
8 May 2020 | 2 replies
Scenario: I plan to acquire 2-3 self-storage facilities in the next 1-3 years.
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2 May 2020 | 2 replies
We recently acquired a dozen or so multi-family properties.
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2 May 2020 | 6 replies
I would give her the standard grace period (whatever is dictated by lease) and then let her know that she is late and you will pursue whatever remedies you have at your disposal.
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5 May 2020 | 6 replies
I am looking to acquire my first deal locally, and then maybe once I get some landlord/Property Management company experience under my belt, I would like to branch out and start looking into long-distance real estate investing through turnkey providers, or whatever the best way to do that would be.At this point, I am still saving for a downpayment on my first rental property, and looking to team up with lenders, an investor-friendly real estate agent, property managers, contractors, and all the cogs in the gear that make the wheels spin so seamlessly (I'm sure I left a few things out.)
2 May 2020 | 2 replies
If you receive it as inheritance, you are considered to have acquired it for its market value of $100k, and you will only have capital gain tax on $40k.If you lived there all the time, then you don't care, because it will be tax-free either way.
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26 May 2020 | 27 replies
I actually acquired my first property through (what I know now to be called) a lease agreement and subletting to tenants.
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6 May 2020 | 9 replies
I've acquired a few properties and my major expense thus far has been A/C units "blowing hot air" and few hundred bucks later its fixed.
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6 May 2020 | 2 replies
Purchase price: $300,000 Cash invested: $2,300 Used a VA loan to acquire a rental property close to military bases and the local university.
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12 June 2020 | 15 replies
I argue though if your intent is to acquire more property you can accelerate your money growth faster with a 30-year loan as you can take the cashflow and save it for another downpayment.