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7 November 2024 | 22 replies
I don't delegate bookkeeping for security reasons.I finally realized that at this time in my life, it is much better for me to pay a bookkeeper.
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1 November 2024 | 8 replies
If you want to proceed, please gather these few documents, and email them over to me.Photo ID: Please provide a clear copy of your valid photo identification.Proof of Social Security Number: Documentation confirming your Social Security Number.Homeowner Insurance Declaration Page: Is the cover letter with your policy number and coverage amounts.
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1 November 2024 | 5 replies
I agree with Kevin on getting an estimate for the repairs before you officially close.
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1 November 2024 | 9 replies
As a new note flipper and new note investor, I've gotten my 1st note flip deal under contract yesterday w/ my note buying instructor & mentor Donna Bauer that is secured by a property in TX.
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5 November 2024 | 28 replies
This could be a useful strategy if you need more time to negotiate a good price for your current property.Exploring Financing Options: Given the higher interest rates in 2024, securing financing for your replacement property can be a challenge.
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30 October 2024 | 12 replies
Hello, newbie landlord question here: Is it common to require first month's rent, last month's rent, and a security deposit for new tenants?
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31 October 2024 | 2 replies
There are probably many posts that contain similar information to this one, but I thought it would be of value to future and existing investors who are starting their journey.We recently completed rehabbing a duplex we bought for $93k and rehabbed for $75k (in retrospect, we could've negotiated a lower price 🤷♂️ - discussion for a different post), hitting an ARV of $190k when our target ARV was $170k.Two things that stood out for me that helped us secure a higher ARV that anyone can use in their next BRRRR were:1) Fix the property to be in the top 75th percentile -> To improve our success rate, we consulted with both our agent and our PMC on what kind of materials and finishes the best properties (highest ARV Comps and Rent Rates) had in the area.
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5 November 2024 | 22 replies
I like to rent to people with security clearances for my properties in NOVA.
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1 November 2024 | 14 replies
If you have recent rehab experience (typically within the last 12-24 months) then you typically can secure better terms.
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30 October 2024 | 15 replies
@David Georgeson New security systems and some cameras have built-in wireless.