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26 July 2024 | 37 replies
In the long term real estate will make you wealthy, but it won't do it quickly, and the cashflow won't be nice and uniform where you can quickly start living off of it in the first few years to upgrade your lifestyle.Cash flow can be tricky until you scale to a large enough portfolio where your expenses tend to balance themselves out each month.
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26 July 2024 | 11 replies
I tend to recommend areas just outside the well known fully developed areas.
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25 July 2024 | 14 replies
New investors tend to stress out for years about their first deal or two, and then when it comes to the most important peice of the puzzle regarding how their property will perform and how passive their experience will be, they get lazy and don't develop a process for screening.
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25 July 2024 | 11 replies
Very low income people tend to have hardly any disposable income If it were mine I would be very hesitant to do this.
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24 July 2024 | 5 replies
I'm not too much of fan of yellow letters.. some of the examples that I've seen tend to look a little unprofessional.
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25 July 2024 | 8 replies
And those properties don’t tend to appreciate.
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24 July 2024 | 9 replies
.- VA Borrowers very often tends toward very subpar lenders like USAA for instance.
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23 July 2024 | 2 replies
Same goes for number of LLCs and what to fund them with, since bear in mind that CA tends to be more cumbersome and expensive to have LLCs than other states.California is generally more cumbersome than other states when it comes to taxes and filings.
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23 July 2024 | 7 replies
These tend to drive property appreciation.
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24 July 2024 | 10 replies
They also tend to not care as much about the time because they are trying to hit the 2-year mark so they get the capital gains exclusion when they sell.