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26 December 2024 | 4 replies
For example, if a property is clearly a rental, does that typically have a higher chance of success?
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22 January 2025 | 56 replies
Example:1.
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24 December 2024 | 4 replies
For example, this can be adding square footage, adding an extra unit, or adding a pool in a STR market/luxury market.
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4 January 2025 | 14 replies
For example, I imagine in a market like Detroit, a neighborhood, at-large, may be filled with mostly Class A properties (in comparison to the rest of the surrounding suburb and/or city); but, I would think that the quality of these properties can be further subdivided within themselves too.
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23 December 2024 | 5 replies
For rough examples let's say you are selling your property for $750K.
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24 December 2024 | 2 replies
Hi @Julie Muse,What a fantastic example of recognizing and executing a market-ready opportunity!
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24 December 2024 | 25 replies
For example the PM living within 30 minutes.
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23 December 2024 | 34 replies
For example it does not consider who pay the utilities, obviously if the LL pays all the utilities, the net is lower.
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31 December 2024 | 32 replies
., etc. for example finding cash flowing investment properties which meet your ROI goal of 9% is NOT HARD heck almost every state (and likely every state) has a market which will achieve that but what does 9% mean without a dollar value if 9% is = to $200 or more okay that’s okay but if 9% means $25/mo. or alternatively if 50% ROI means $25/mo. doesn’t really matter much since although labor differs from area to area it doesn’t differ that much and also doesn’t really leave much room for error — so your minimum accepted ROI should also be couple within a minimum accepted $$ value (cash flow) and other minimums as well (i.e. min. equity, property types, property classes, etc.)Lastly as I mentioned achieving a 9% ROI is not hard and is achievable in every state; the HARDER part is to 1) achieve that AND 2) achieve 10-20% min.equity on the buy in or ARV AND 3) meeting your min. $ value AND 4) buying in a good/stable neighborhood/market AND 5) buying with some type of upside AND 6) etc. etc. etc. —- Again I’m not saying you have to do these things; it all depends what type of investor you are and what you are looking for however it is important to understand that if you shift the responsibility of either identifying the invest property or managing or any other aspect there WILL be a trade off — in this case the turnkey company has delivered on your goal of 8-9% ROI (projected... so TBC) and in return you have traded some of the other benefits of investing in RE for the convenience of not having to do much more than to look over the properties they have sent you and funding it from the comfort of your home, office, etc. ... again if this is the goal then you are on point but if the goal is to also partake in ALL of the other benefits of RE then you should understand that and not be surprised that it’s not a ‘stellar’ investment that checks all the boxes.
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24 December 2024 | 7 replies
As an example, we joined an expensive, but exclusive private networking group 12 years ago.