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28 December 2021 | 69 replies
Not all agents are investment savvy and you need to find the right one for you to have a successful investment.ON-FIRE Agent mean they are:O - Organize (The Investor-Agent must be well-organized)N - Network (The Investor-Agent must be well network with other Real Estate professionals like Lenders, Appraisers, Property Managers, Inspectors, Insurance Agent, Contractors, etc)F - Focus (The Investor-Agent MUST Focus on YOU)I - Investor/Investment-Savvy (MUST be INVESTMENT SAVVY)R - Responsive (Must Be responsive and answer your call/text)E - Experience (Must be an investor or have experience working with investors)You can find one under Network ->Real Estate Agent here: https://www.biggerpockets.com/...Goodluck
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9 March 2021 | 2 replies
B aware e that you will eventually have to deal with toilets and tenants if you do not use a PM.
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9 March 2021 | 1 reply
Zoning designations follow a different format now -- like "U-SU-B" or "E-SU-A," etc.
9 March 2021 | 7 replies
They will make your like easier and same you from costly mistakes as @Steve Rozenberg mentioned.ON-FIRE Agent mean they are:O - Organize (The Investor-Agent must be well-organized)N - Network (The Investor-Agent must be well network with other Real Estate professionals like Lenders, Appraisers, Property Managers, Inspectors, Insurance Agent, Contractors, etc)F - Focus (The Investor-Agent MUST Focus on YOU)I - Investor/Investment-Savvy (MUST be INVESTMENT SAVVY)R - Responsive (Must Be responsive and answer your call/text)E - Experience (Must be an investor or have experience working with investors)You can find one under Network ->Real Estate Agent here: https://www.biggerpockets.com/...Goodluck
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15 March 2021 | 11 replies
Go get the e-myth by Michael Gerber.
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30 March 2021 | 4 replies
However, I still don't have the complete picture.I heard some videos from a competitor of the company I used, who suggests getting an EIN for each of our ROTH IRAs to fill the Part II section E on K1.
15 March 2021 | 18 replies
A human(e) impulse de-humanized our LTR industry.
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11 March 2021 | 7 replies
Just file legit travel expenses and record them in Schedule E along w everything else.
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14 March 2021 | 33 replies
But in any case - b e professional, dont give them any nonsense about how you want to solve their problems - just say hey I understand your property at xyz may be coming on the market and I would love to discuss as it is exactly what I am looking for for my family (blah blah blah) I get calls like this all the time so just be professional - maybe he will give you his agents name so you can contact the agent?