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I think I might be blowing my own mind right now..."conventional" wisdom says max out your 401k contribution to lower your tax burden. 2013 was a good year for my 401k balance as the stock market was red hot (i have a...
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I have been looking heavily into lease options, but I have seen some on here saying there could be legality issues. Apparently some laws were enacted on the federal level to restrict a person's ability to take advanta...
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I had just got an email from my new tenant that decided to vacate the premises because she had "discovered conditions within the apartment that she deemed unacceptable for her to continue with her lease." She claims t...
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Hi everyone, I am contemplating asset protection strategies for my California and Memphis properties and a real estate guru says to hold the California properties in land trusts owned by a Wyoming LLC. This WY LLC wo...
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Hey BP! I bought a house at a foreclosure auction at the court house steps last year. I thought it was a great BRRRR deal since I bought for 50K and it has a ARV of 205K, however I wasn't expecting the inside to be as...
Hey All,I have a property in Memphis Tennessee that I am looking to purchase. It is 168 units. I negotiated with the seller and he agreed to do the sale for 450 thousand dollars cash. My goal is to have the apartment ...
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This was the general question someone else posted (@Connie Tang), but since I ended up writing a novel with some Negotiation Points, I wanted to start a new thread.
Here it is:
Don't be afraid to approach the subje...
I know this has been asked in the past. I've read through those posts and am looking to update the discussion based on current market conditions and get some advice based on our specific circumstances listed below.
W...
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I have a female tenant in her 30s with a young daughter. She started on March 15, 2023 on a 1 year lease. She keeps texting and calling about every problem that is there or not there. She wanted me to refinish tub....
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Hello everyone,I've been managing my short-term rental (STR) in the Orlando area for a few years now. Initially, I handed over the management of my property to a company, giving up 25% of my earnings for them to handl...