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23 December 2024 | 10 replies
Bigger Pockets is a great place for education and networking.
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29 December 2024 | 253 replies
@Sam AlphaDo set goals, keep learning, network, etc. but get started if you haven't already.
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23 December 2024 | 9 replies
Use a tiered approval process to give them control over larger expenditures while enabling quick resolution of smaller issues.2.Proactive Maintenance: Implement preventative maintenance programs to reduce costly emergency repairs and extend the lifespan of property systems.3.Monthly Reporting: Deliver detailed monthly financial statements that outline expenses, rental income, and ROI performance.By handling their funds with care and providing transparency, trust is built with owners, ensuring they feel confident in the relationship.Making Tenants Feel HeardHappy tenants are the foundation of long-term occupancy and reduced turnover.
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20 December 2024 | 8 replies
Or like your plan use it all as a down payment on a much larger property. 4.
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20 December 2024 | 3 replies
Networking with luxury RE brokerages will probably fast track you as well.
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22 December 2024 | 0 replies
Having milestones (or checkpoints) is needed when having larger goals to ensure you are on track and keep you motivated.
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19 December 2024 | 7 replies
Here is the how I would explain it to a kindergartner:The true power of a 1031 exchange is the ability for an investor to meet their investment objectives without losing equity to taxation.With more money they can buy larger, multiple, or more productive properties.What is the alternative?
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10 January 2025 | 67 replies
Then as you network with others, you can widen your access to more deals.Good luck.
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24 December 2024 | 25 replies
I believe it is a larger issue than what we define as the economy, which is mostly measured in corporate profits and Wall Street performance, this is not what the average person perceives.
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23 December 2024 | 17 replies
While in Florida, we really want to network and build relationships with realtors (who are also investors) that are knowledgeable on Florida's rental market.