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New investor question. Why sell? In some circumstances it may make sense, but for the vast majority why not just hold. If the property cash flows now, it should for the duration. Costs will go up, but so should th...
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We have a large portfolio of 350 total units in Florida, in the Fort Myers and Cape Coral area. How would you best situate the property management for this? Would you use one bigger company, a couple bigger companies,...
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I have asked @Chris Seveney a little about this topic but I'm curious what approach other note investors take (and I'd love to learn more from Chris as well). Do you register your business as a foreign entity in any/a...
A person in pre-foreclosure called me and he asked if he can keep the house after I make his back payments and I told him no.But, then I thought of telling him we can do a leaae option so he can keep the property and ...
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I’m learning about RE and I’ve decided that I want to invest. But I’m having trouble mapping out goals and plans that seem achievable I’m learning this on my own so far and would appreciate some advice I’ve always bee...
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I have $20k cash and am wanting to purchase a home $30-50k (estimated) but have no credit. I am a full time student starting in August and will only have an income of around $400 (gross).
Is it feasible for me to se...
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Does anyone know what NAICS code/s are best to claim as the primary NAICS code for a newly-formed LLC that I am moving my residential rental properties into? Or, have a real estate investing business that has successf...
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Hi All, We are currently interested in a property we found on Homsearch site. However, they require 10k for EMD, that seems way too high. And that's not negotiable. Can someone share their experience of buying from...
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Are property repairs (say e.g. to foundation tax deductible?)
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I want to use this as a case study. I've all but given up hope of finding an actual Chase REO employee living in the nether regions of Narnia but I would like to still maintain a productive process.
Here's the deal:...