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21 February 2024 | 7 replies
On a good month of sales I can save 20k+ but on a bad month maybe only like 5kI have 101k saved in the account but I’m hesitant to plunge it all into my first deal, so that’s how I came up with 50k was using half, so that I have some easily accessible cash in reserves for living expenses, emergencies, etc.
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20 February 2024 | 22 replies
Good day all, i have found a property that is for sale and the owner wants out of it.
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20 February 2024 | 5 replies
Quote from @Sami Gren: HI,I am using a contractor for a full apt gut rehab, I would like to know if anyone has a contractor's contract that I can work off (of course will add or take off accordingly) he is a new contractor, so he doesn't have one, [I am using him because I have used him for past several years on smaller projects, so I know to trust him.]Thank you You can pull one from online, but I would have an attorney draft it if you have the cash to use that for your deals going forward as it won't be the last time you need it.
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20 February 2024 | 6 replies
I do a lot in Orlando with retail sales and investment properties.
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19 February 2024 | 5 replies
I'd focus more on finding the actual piece of land you want and then either having the listing agent rep you, too, or picking an agent to rep you on the sale.
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21 February 2024 | 20 replies
., tax lien) is sold at auction, are charged 18% per annum.197.432 Sale of tax certificates for unpaid taxes.(6) Each certificate shall be awarded to the person who will pay the taxes, interest, costs, and charges and will demand the lowest rate of interest, not in excess of the maximum rate of interest allowed by this chapter. [...]Translation: Florida is a bid-down interest rate state.
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20 February 2024 | 4 replies
She declares bankruptcy/pays off those cards with the cashed from the sale and moves forward investing as a business entity.additionally, her personal residence is income producing as well since she rents out two rooms on Airbnb and runs her cleaning business out of an office there. my questions are1.
20 February 2024 | 2 replies
B buy a building with your credit, get a mixed use approved. don't improve 7000 sq ft as a tenant. all the rich guys are owning real estate. negotiate with yourself market rent and multiple tenants. occupy less than 25%. look at land. don't do this. 7300 sq ft is crazy to build out for a dental practice. get a few other dentists to split the cost with you and do a sale leaseback, you can probably sell the building and roll the business up to a private reit attach real estate to it.
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20 February 2024 | 11 replies
My estimated profit on the sale would be around 100k.
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20 February 2024 | 8 replies
I came here because I found a book where I can build real estate wealth and I came across a lot of land for sale and wanted to know if I bought it what could I do with it.