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18 October 2024 | 6 replies
Hone your Excel skills by creating pro-formas to practice your 1% rule underwriting while never touring a single property 4.
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17 October 2024 | 3 replies
Why I want to get my license is because I am interested in Real estate is due to the fact I like helping others find there dream home whilst moving around to different areas and I would like to invest into a rental property.I really plan on going to college to get MBA to help me move further.
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17 October 2024 | 3 replies
Section 8 rentals can do very well, but you have to practice and do several of them to make it worth it.
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17 October 2024 | 2 replies
I have a mix use building in CT. the ground floor tenant is a bar/restaurant that recently moved in. they got a $2M General liability insurance and is asking if that's enough. or if they should get an umbrella. the property is valued at around $700k, fyi. where can i read up on best practices for such a case?
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17 October 2024 | 6 replies
I, like you, have a handful of my own STR properties that I self manage, and manage just shy of 20 STR properties located in Bryan / College Station, Tx for out of state/country investors.
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26 October 2024 | 50 replies
You could rent it by the room and list the rent as half - I'm seeing that done a lot in college towns.
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16 October 2024 | 10 replies
I’ll finish up my license asap that’s been on my list as well I started taking marketing and business classes at my local college.
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20 October 2024 | 84 replies
Quote from @Billy Smith: Having all or most of your rentals paid off is a great feeling with the cash flow rolling in .You know have a bigger shovel to buy more properties , folks get the fever want more more dam the debt full speed ahead .I read a lot saying what is the rate of the note ,you could deploy the money in ,gold ,stocks etc....With just a couple rentals paid off in A -B area I put my kids though Division 1 state college.
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13 October 2024 | 1 reply
And it appears that the amount of work is not high enough to hire a full time person.Does anyone have some good best-practice or ideas to show how you manage the work load and staffing for similar scenarios?
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16 October 2024 | 3 replies
Your best investment is in yourself.Consider going to college or learning a trade.Use the funds to invest in something that does not require much time so you can focus on learning.If you do decide to get into real estate, you may want to consider doing a house-hack.It will give you a place to live(potentially saving you a few hundred dollars from paying rent and also giving you training wheels for being a landlord).