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23 January 2025 | 21 replies
Class A apartments have numerous amenities, professional management, and sit in desirable neighborhoods.
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26 February 2025 | 9 replies
My biggest advice - take your time, do your research, and consider hiring a mentor.Check out the Rookie Podcast and forums on BP; you'll gain a lot of valuable insights from them.Wishing you success in your investing journey!
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7 February 2025 | 4 replies
I will definitely want and need guidance, im hoping to community will be able to teach me and give me advice and pros and cons on some of these investments.
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29 January 2025 | 0 replies
Shared housing provides affordable, flexible rental options for young professionals, remote workers, and students.As shown above, co-living properties have more demand than traditional two-bedroom units and appeal to a wider tenant base.2.
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12 February 2025 | 7 replies
Some sellers prefer to work with a local lender, usually advice given to them by their agent.
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24 February 2025 | 3 replies
is there any workaround or advice?
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28 January 2025 | 3 replies
Key Factors for a Good Seller-Financed DealCash Flow: Rental income should exceed monthly payments (PITI) by at least 1.25–1.5x.Purchase Price: Compare to ARV and market value for fair pricing and equity potential.Interest Rate: Aim for competitive rates; higher rates must still allow positive cash flow.Amortization/Balloon Terms: Favor longer amortization and align balloon payments with your exit strategy.Down Payment: Lower upfront costs reduce risk but should meet the seller's expectations.Flexibility: Seek no prepayment penalties and fair late-payment clauses.Property Condition: Ensure the property’s condition matches terms through inspections.Seller Motivation: Assess the seller’s willingness to negotiate favorable terms.Exit Strategy: Have a clear plan for refinancing or payoff at term end.Portfolio Fit: Ensure the deal aligns with your financial goals and risk tolerance.Vetting multiple deals and consulting professionals is crucial to making sound decisions.
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24 February 2025 | 11 replies
I think my attorney gave me bad advice and we did not foreclose on which would have been best because I would have at least received a judgment on the buyer.
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16 January 2025 | 4 replies
Any advice or feedback would be greatly appreciated, thank you.
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4 February 2025 | 0 replies
Does anyone have any advice about glamping sites?