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15 November 2024 | 5 replies
They don't care about your criteria, since it's not going to change the kind of deals that they come across.The take-away here is not to be like most newbie wholesalers: Don't do "carpet-bomb" marketing!
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14 November 2024 | 8 replies
That depends on how many units are in your MF, what your longer term goals are and what kind of lifestyle you want.If there are a lot of units or you plan to have a lot of units in the future then invest in setting up good systems now.
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19 November 2024 | 24 replies
i do think it's challenging, though, for a brand new investor with zero experience to jump right into a huge rehab with a contractor they've never worked with before.the contractor might want a larger up-front payment to mitigate their own risk, and they're not going to be interested in any kind of fancy nonsense like a 'penalty' when they know a new investor has never managed a large project before.i have also found that some contractors, including reputable ones, don't even want to share itemized bids because they just don't want to have to argue about the individual line items.
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14 November 2024 | 5 replies
It depends on what kind of income he has.
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13 November 2024 | 24 replies
We are in the suburbs so we make sure there is some kind of parking for everyone.
13 November 2024 | 4 replies
There are too many variables to get any kind of meaningful prediction.
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12 November 2024 | 4 replies
Quote from @Conrad Tillman: Quote from @Jay Hinrichs: LOL its kind of like 50 ways to leave your lover.And its very much dependent on your jurisdiction. however I will list the stuff I have gone through the last decade or so through about 200 new builds in 4 markets.1. material price fluctuations. rarely down almost always up pretty much annually. 2. as we all know labor scarce and or unqualified and do poor work..
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8 November 2024 | 53 replies
You are kind of doing it too, with that post.
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13 November 2024 | 18 replies
The lender can using the acceleration clause of the mortgage make it 100% due and payable but that would just force you to refinance it into a different kind of loan.
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13 November 2024 | 4 replies
I've heard that DealMachine is becoming the go-to tool for this kind of data, but I've also noticed some strong results coming from Crexi lately.It seems like Crexi has a more multifamily-focused platform, while DealMachine is often geared toward wholesalers.