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7 December 2024 | 150 replies
You may need to safeguard the collateral, make emergency repairs, pay for legal notices and filings.
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21 November 2024 | 7 replies
Best thing would be to get started hustling for another wholesaler to see if it really is what you think it is.The only way to be a good wholesaler is to build relationships with sellers, know repair costs and ARV, and understand that each seller has a problem to solve and do not need a cash offer.
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18 November 2024 | 14 replies
I think a 1031 exchange wouldn't be a bad idea if you're not making much on the property, and are worried about big repairs coming up in the near future.
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18 November 2024 | 4 replies
Learn property management, analyze rental demand, find high-quality tenants, and budget for renovations and repairs.
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20 November 2024 | 22 replies
Set a deadline for your first purchase and mitigate fears by screening tenants, buying for cash flow, and having a repair fund.
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20 November 2024 | 5 replies
First, you would need to subtract allowances for repairs and vacancies (a necessary prediction).
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20 November 2024 | 11 replies
Trying to manage a $1M Airbnb rental while it sounds good you got $6500 in bookings you still have significant costs to operate it with maintenance repairs, utilities etc.
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1 December 2024 | 377 replies
With a full time job even 15 units gets tough between collecting rent keeping repairs up, preventative maintenance, looking for new deals, managing refinances, etc.
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19 November 2024 | 14 replies
You should negotiate with the landlord that you don't mind taking care of small repair items such as tighten screws, drywall and paint repairs.
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22 November 2024 | 12 replies
Leaving you to move and store their items if required by law, clean and repair, etc etc.