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19 August 2024 | 16 replies
I typically recommend beginning with a prequalification letter so you can have a solid understanding of your purchase power in the U.S., which will help steer you into the right markets/areas for investing.
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21 August 2024 | 94 replies
The pilot and the castaway talk about every component of flying, about operating the plane, about landing, about dealing with the unexpected.
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19 August 2024 | 22 replies
For those that have already spent some time and $$$ there, what are your experiences and numbers looking like for things such as:Rental/property management feesclosing costs (as percent of transaction)vacancy rates (on and off season)price to rent ratioyoy appreciation$/sqft to build (I know, this is a "it depends" number)Utility issues (water, power, trash, septic, etc.)Anything else that you think would be helpful!
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16 August 2024 | 1 reply
Any challenges or unexpected hurdles you've encountered?
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19 August 2024 | 46 replies
For Flips:at least 50% of liquid cash for unexpected expenses or cost overruns of the property’s rehab budget additional to downpayment financing, closing costs and improvement funds.Too often you hear investors blaming the realtor for their poor decisions.
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16 August 2024 | 5 replies
This includes budgeting for initial investments, calculating potential returns, and having a contingency plan for unexpected expenses.Real Estate is a vast industry, and with dedication, continuous learning, and ample networking, success is within reach.
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16 August 2024 | 2 replies
Challenges like unexpected renovation costs and tenant turnover can arise but with proper preparation and management, you can achieve great returns.
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19 August 2024 | 42 replies
So we sat through a 40 minute power point re.
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17 August 2024 | 2 replies
The registered agent generally is just for notice purposes and the manager and/or member will have powers in the LLC, which are the roles that matter much more so.
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17 August 2024 | 17 replies
All the more power to you if you figured out a way to solve for it.