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7 February 2025 | 5 replies
I spent 2.5 years getting all the utilities to the property.
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18 February 2025 | 43 replies
I sold 2 properties that were taking up a lot of my time and were producing very little of my cash flow.2.
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7 February 2025 | 10 replies
Utilized a low down payment loan, maxed seller credit, tax proration and closed on the 1st of the month to maximize my cash and acquire this property What was the outcome?
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16 February 2025 | 16 replies
Quote from @Timothy Villa: Hey y’all just heard about this community and wanted to utilize it to grow more knowledge in how to have real estate help me with earning passive income.Welcome to BiggerPockets!
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15 February 2025 | 7 replies
Not likely to produce the result you think you'll get.
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7 February 2025 | 14 replies
these can produce good returns but best chance for success is for those that have experience in this area (I am a partner on an effort adding 8 ADUs, but it is not performing to the initial underwriting (underperforming) and it is an experienced team).good luck I get it, but not everyone has the opportunity of scale and building multiple units.
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21 February 2025 | 17 replies
Depending on how long you have been in the first property (based on your interest rate, I am assuming 3-4 years), have you explored the option to utilize your FHA again?
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15 February 2025 | 21 replies
To estimate expenses, consider setting aside a percentage for management fees, plus costs for cleaning and utilities.
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20 February 2025 | 11 replies
I'm not sure why one would choose to make an (active) investment that is break-even, when there are other (passive) opportunities for RE ownership that can produce cash flows - i.e. private equity/syndications.
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2 February 2025 | 4 replies
Told them to do a drive by and call me back with an offer :)The person who called you probably just spent $15,000 for mentoring and “education”, and is now in panic that his 250 cold calls have not produced anything .