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2 August 2024 | 8 replies
You also get to use the other doors rents per month as income (75% of each door) towards your income to qualify.A lot of the secrets comes from the ability to do the math on the deals prior to putting in an offer.
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2 August 2024 | 7 replies
We send a message prior to check in about no parties and how we need to have everyone's names in the group.
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7 August 2024 | 73 replies
Now fruit for thought, I liquidated nearly 30% of my positions immediately prior to this rotation, and reallocated additional 40%....
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1 August 2024 | 22 replies
#scamThe app has zero secret sauce as to what property has an assumable loan, they just look for any prior VA or FHA mortgage recorded which doesn't mean seller will cooperate.
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30 July 2024 | 8 replies
Hi there,Pretty new to REI as well.Things I've done to gain knowledge:-Listen to BP podcast-Read RE books-Enrolled in a RE course (I take an exam in a few months to obtain my license)-Look at listings throughout the day in states I've been eye-ing-Analyze potential deals by plugging numbers in a spreadsheet (to calculate what ROI will be first year, second year, etc) -Been reaching out to seasoned RE investors-Saving more $ to increase capitalGood luck to us!
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2 August 2024 | 5 replies
Small business owners that I am aware of (not real estate), who didn’t have business accounts, EIN, and such set up prior to the COVID relief funds weren’t eligible to even apply.Please let us know what you ended up doing.Also, thank you @David M. for posting that link.
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1 August 2024 | 16 replies
Prior to the Great Crash of 2008, most investors looked at & analyzed 100 properties, to make 10 lowball offers (so the property cashflowed) to hopefully get one accepted.Not many investors want to work that hard today.They'd rather invest in high-risk Class C properties and take their chances, as opposed to doing the hard work mentioned above!
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31 July 2024 | 13 replies
In fact you can provide your own folks prior to any maintenance issue.
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3 August 2024 | 27 replies
I read under the new law that "Any person with a right to redeem the property may do so at any time prior to the entry of final judgment in the proposed action, either by payment to the tax collecting official as provided by law before an action is commenced, or by filing a timely answer or motion in the court after an action has been commenced." 4.
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31 July 2024 | 2 replies
> Prior owners want nothing to do with the property, I'm unable to structure any kind of deal with them, or fix issue of husband being removed from title, or undo foreclosure auction (thoroughly checked with attorney).Recently discovered repairs needed totaling 20-40k which I cannot finance.