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6 January 2020 | 19 replies
After my last post, I summarized the suggestions into 3 categories: price, advertising and amenities.
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22 November 2019 | 36 replies
Let's see if I can summarize for anyone else that's learning.
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1 December 2019 | 6 replies
I summarize the under writing and business plan but I reccomend you read some books on the subject to gain a more in depth understanding which will go a long way in helping you build your portfolio in the future.I start my business plans with market data.You need to find out the following about your market/ sub marketAverge rentsAre rents trending up or downIs it cheaper to rent or own a home What is the median income in your marketWhat is the average occupancy What is average appreciation in your marketWhat are the laws that may apply to your rental investment in your area ie rent control, optional property tax increases.Once you know these thing you can get a good idea as to the supply and demand of rentals in you market and start to make educated assumptions about how yours will perform in the future.Next under writtingFirst understand real estate investment is primarily to things rolled into the same investment firstly an asset( the physical building and the land it sits on) and the business in the building (the tenent/s, cashflow, expenses, and managment.)Not all business make money, and not all investment are winners it's you job to make your business/investment make money.
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3 September 2019 | 4 replies
@Chris Mason is telling you if all the threads about delayed financing are too long to read, he is summarizing the concept for you.The first thing I'd do is identify a market you want to invest in while getting your credit situated.
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6 September 2019 | 6 replies
They don't want to see the nitty gritty details, be very summarative but HAVE the details and KNOW them in case they ask.
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16 September 2019 | 0 replies
NID=430 but the information is in different areas.Any summarized list of things for kitchen and bathroom (electrical and plumbing)?
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4 October 2019 | 28 replies
@Mark Manship already summarized what I meant above (see "I won't put words in Thadeous's mouth..."), and I don't mean to go down a rabbit hole about VA Loans, etc., here, but I think what you refer to as a "straw man argument" about being deployed (above) deserves some exploring.
28 November 2019 | 10 replies
In the meantime, you can reach out to me and I can get you a special report that summarizes the book if that would be helpful to you.
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24 December 2019 | 6 replies
Thank you @Eric Rosiello for summarizing my thoughts so eloquently!
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2 December 2019 | 23 replies
Because I believe it's an important concept, both for you and anyone else reading this, I'm going to try again.To summarize: In the age of Lyft, universal cell phone coverage, and the $87 tow-anywhere AAA membership, 90 of car-owning Americans have a car payment.I didn't advise you to "Uber to work every day," as you summarized my point.