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Hi all. As I'm entering this amazingly sophisticated, yet simple journey of REI, the best strategy I've come up with my lender is the following: refinance my parent's primary home (will get about 100k back), fix it up...
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For those who own properties in an LLC and tell the applicants that you're the property mgr, not the owner, do they continue to press you about the nature of the LLC and who its members are? The reason I'm asking is b...
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Hey y'all! I am looking at a PNL report for an apartment complex, and I am confused about a couple things. These might seem like dumb questions, but hey, I'm brand new to this! 1. What is the depreciation expense?...
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BP,
In regard to multi-family investing, how do most of you guys find your deals? I find that MLS inventory is pretty low in my target market. Does marketing for off market properties work?
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I'm a part-time agent, as I primarily got my license to aid in my REI stuff (i.e. MLS access, the ability to see properties/make offers on my own, making/saving on commissions for my flips, etc.)--plus I also work ...
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A few concerns I have are funding, as well as starting an LLC. I am definitely wanting to start an LLC, but my question is, do I need to create one prior to having my first deal, and will I be able to add previous pro...
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Lately, we've been marketing directly to "mom and pop" owners who want to retire. Their books are usually more or less useless in a lot of ways: No management fee, no labor charges on repairs (they do their own), thin...
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I am writing an article focused on how the series LLC structure can be used by real estate investors for holding real estate assets. I would like to find out what questions real estate investors have about using the s...
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Hi,
Flipper wants 70K for rehab and is willing to put me on title of property along with hard money lender and his LLC. Property is selling for $165K but comps but it rehabbed at $282K to $297K.
He has...
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A growing number of homeowners nationwide are being dropped by insurance companies as firms and regulators struggle to deal with the unpredictable and costly risks of climate disasters.
Nonrenewal notices surged by n...