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9 September 2018 | 12 replies
You have not accounted for things and your barely making money as it is .
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23 September 2018 | 17 replies
Although this may satisfy the initial screening of the 1% rent to purchase price, after I run our numbers there is barely any cash flow left.
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10 September 2018 | 2 replies
I'm just barely past being as green as they come.
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4 November 2018 | 8 replies
I'm barely starting out and have been active in my search, I have a feeling we have the same or close to the same amount of questions.
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18 September 2018 | 7 replies
I've never even heard of a turnkey company using a sketchy contract, and with a lawyer not being familiar with turnkeys and they are essentially glorified salespeople (sorry, lawyers), they tend to just make mountains of barely-existent molehills and irritate everyone.
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20 September 2018 | 28 replies
You'll need at a bare minimum 15% down payment, plus reserves, just to get started.
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17 September 2018 | 8 replies
Over the years i have been extremely passive with the business and never took the time to really learn how to property invest in real estate, i just assumed i was doing things correctly, i didn't know how to do the numbers, just went with the flow.Since im down to 5 rentals and i made a very small amount of money selling off the negative cash flow rentals that just never recovered from the market crash in those 2 areas, since i bought to high in the peak of the market prior to the crash. i decided to apply for a mortgage to purchase another rental in my local area using some of the new knowledge i have learned recently, but after applying for multiple mortgages most of the places i applied basically said no, that cash flow to money lent to me is in a risky zone, basically i own properties that were not bought with rental numbers in mind, so turning them into rentals they barely cashflow except for my very last property i purchased that i did basically a flip on, that left lots of room between the mortgage payment and rental rates in the area.
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12 September 2018 | 4 replies
My only concern is that, I would barely be breaking even on my current rental and my rate would go from 3.75% to above 5% The other idea I had was to sell current rental and 1031 into a multi family.
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12 September 2018 | 0 replies
Incomes have barely budged, and consumer debt is increasing again.Housing prices in North Las Vegas are rising so fast that many communities are no longer affordable.
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14 September 2018 | 4 replies
After listening to about 30 hours of multiple podcasts, tons of youtube videos, skimming through facebook groups (which btw; half these people in these groups can barely structure a sentence and are full of online drama), calling these "guarantee you 5+ deals a day programs" and after hearing they require a payment of $5,500 for information I can get for free online, I am a little weary and I'm wondering if this is as easy as 80% of people who are doing it are claiming it be ?