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24 January 2025 | 0 replies
A successful rental property should offer positive cash flow, meaning your rental income should exceed your monthly expenses (mortgage, taxes, insurance, maintenance, etc.).To find the right tenants, ensure the property is priced competitively within the local rental market.
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29 January 2025 | 40 replies
Anyone looking for a "we buy houses" company knows they will get a cash offer right?
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28 January 2025 | 6 replies
Because you're new, it is a good idea to ask about the brokerage's agent training offerings and potential teams to join to get experience.
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19 February 2025 | 27 replies
Especially in a market where 95% of the buyers, and 99% of the highest offers come from owner occupants.
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22 January 2025 | 8 replies
Quote from @Melanie Baldridge: Why I like investing in real estate more than 401(k)s.Both offer tax deferrals, but here's the difference:If you're making pre-tax contributions to your 401(k), then withdrawals = ordinary income tax.With real estate gains, you're paying capital gains tax (which is typically lower).Plus, RE investors get:1.
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24 February 2025 | 29 replies
Sounds like an easily executable deal from what you've stated but likely need more color to offer path forward, terms, etc.
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29 January 2025 | 28 replies
When you can access the opportunities first, you can qualify the lead first, analyse and find the best deals first, reach out and build rapport first , offer your solution first (rather than having your offer thrown on a pile of others the individual has already been given) and so on.
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5 February 2025 | 14 replies
For smaller investment amounts, we often see investors providing private loans or notes to other investors for their projects, which can offer attractive returns with the right due diligence.
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27 January 2025 | 3 replies
Some lenders offer creative solutions, like a cross-collateralized loan, where they use your existing equity as security without refinancing the duplex.Another idea is partnering with private lenders or exploring a second-position mortgage, depending on your lender's terms.
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3 February 2025 | 32 replies
Best of luck.Nick,Todd is correct and I would take him up on his offer I am just North of Cape Coral where he is at and its another Hot market.