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7 March 2018 | 3 replies
House hold income is 90k with wife.My final goal is to do 8 single family home flips a year and to hold property that garners 5000 in monthly passive income in ten years..My current plan is to take out a HELOC (home equity line of credit) out on the house I own for 64k (80%) to use as readily available cash to finance deals.
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1 March 2018 | 8 replies
Get your wife out working to contribute to your house hold income and savings.
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5 March 2018 | 2 replies
Utilities were included and also household supplies (paper products, laundry products, cleaning supplies).
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7 March 2018 | 24 replies
And that's just to wholesale/tale a few on the side with properties I don't want.Wholesaling done right is the whole enchilada and requires the most comprehensive knowledge of all strategies.
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11 March 2018 | 5 replies
I am the only W-2 earning in my house hold between my wife and 2 little children.
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6 March 2018 | 1 reply
I comped some cost per foot when copaired to the nearest larger city and matched that to the average household income to get a better idea.
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17 May 2018 | 23 replies
Oh one more - I stumbled across this while doing some more looking around... http://www.airportairparkhomes.com/listings.asp Looks like a somewhat comprehensive listing of at least the majority of current fly-in communities.
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16 May 2018 | 1 reply
Considering the fact that household debt levels are coming back to 2006-7 levels and retail is in the process of going down the drain, I think we’re going to see a reckoning in R/E and associated securities."
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25 May 2018 | 11 replies
@Patrick Daniel i actually did get one of those market analysis and it was quite impressive but honestly found it useless. not enough to warrant my time to go through. basically i found a property i liked, received the market analysis of comps in the same area with identical features and all that stuff and basically was 50+ pages. i already knew going in where i had to be at, but it was interesting to see that comprehensive report.....not familiar with a buyer's list but will do some research on that. i think with me being new and having specific criteria (e.g., no complete rehab), thought mls was the best route. interesting. 1 out of every 95-100 offers...interesting stat. 2 rejected offers on the same property, so a long way to go haha. it's very tiring to look at so many properties only to find maybe 1 that falls in your criteria and then only to get rejected. the waterfall of looking at properties to getting an offer accepted is demotivating when i take a step back and look at that conversion rate (i'm a digital marketer full time so i look at it from that perspective). thanks for the responses!
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27 May 2018 | 9 replies
@Mitch ReaumeThe policy will not cover household furnishings, the renter's own insurance will cover that.