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11 January 2025 | 420 replies
Less than ideal, but let's work within those limits.An extra $3,000 every 10 months (the example we've been using) is about the same as an extra $3,600 a year which fits the limitations of the tool.
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27 December 2024 | 9 replies
Use the top three or four discriminators so applicants can screen themselves.Then you need to have clear screening criteria yourself.
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24 December 2024 | 5 replies
In this market i would only go that route if you have the resources to cover their initial investment so there would be no loss of capital if things go bad.One of the syndications that i am an LP buys MF, rehabs the existing units, converts tbe garages into max number of studios, brings all units to top of market rent, and exits with max NOI.
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31 December 2024 | 32 replies
I know a lot of folks that started with 1 or 2 properties that they bought from A turnkey rental seller and then went on their own, after all, purchasing and owning A rental property is the real experience it is far more hands on then any course your listen or video youll ever watch, so for someone that has the funds and is eager to learn the real way, and is okay to not make his full top profit of their first few investment properties it would be an idea for them to start with A turnkey seller.But as mentioned here, it definitely comes with A certain price tag, although for some starters they can pay up even more when they start on their own, and with A turnkey seller they'll actually save money.It all depends on the investors capabilities, experience, guts, funds avail, time (if you got they full time job besides real estate) etc...
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29 December 2024 | 8 replies
I get that.. but if your a top producer this is just cost of doing bizz to the title company orr closing attorney if your a one off agent you may have to pony up the money but to me it was necessary..
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24 December 2024 | 1 reply
Go to GET STARTED > EVENTS AND MEETUPS at the top of your screen.
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24 December 2024 | 44 replies
The market can be tricky with its block-by-block nature, but it's been a great fit for all-cash purchases like yours.I also have a team on the ground in Detroit that helps manage everything from finding deals to overseeing rehabs, which is crucial for out-of-state investors.
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27 December 2024 | 8 replies
If I could rewind 7 years, I would’ve personally scooped up another property near downtown...prices were more forgiving back then.All that said, I’m curious..if you were getting back in the game today, would a condo with strong amenities but an unpredictable HOA top your list, or are you eyeing single-families for that full control?
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24 December 2024 | 6 replies
If you’re remote, acquisitions might be a good fit since you can focus on finding deals and leave dispositions to local partners.