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7 November 2024 | 18 replies
@Thomas Fredella I have never heard of them either but I would be hesitant to join anything when there is tons of free RE information available out there, including BP.The one great thing about paying a ton of money to a group or guru, however it is a way to keep you accountable.
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4 November 2024 | 26 replies
Just like you I have been thinking into mentorship programs and I have gone to Multifamily Mindset ($40K), Apartment Educators ($20K) which is based in Texas, and now I am looking into RE Mentor (mentor of co-founder of Multifamily Mindset) and it's a 3 day seminar for $1500 (but they end up giving you a *one time discount* if you sign up during the free 2 hour event for $995 but it is possible to sign up for their mentorship program through their website if you can't go to their free event).
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3 November 2024 | 21 replies
I’m established in my career and not looking to make RE my full time but I don’t have a ton of capital and I enjoy modeling and underwriting and being hands on with management so the passive/syndication route isn’t an option.
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4 November 2024 | 12 replies
In my opinion, house hacking is the easiest way to get into the RE game with the lowest money out of pocket...plus if you throw in a renovation loan like the 203k or homestyle, you can boost your worth quickly!
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4 November 2024 | 9 replies
Agreed with the above posts, for $500 or less you can likely get a RE attorney to get your ducks in a row to do the eviction properly.
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5 November 2024 | 5 replies
As long as you meet your reinvestment requirements it doesn't matter how you allocate the proceeds.Now (now not needed) In your case if you"re selling for $800k (after closing costs and commissions) and maybe you decide you would like to purchase two properties for $400k.
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7 November 2024 | 15 replies
.$26 for the kindle edition could be some of the best money spent on your RE business.
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4 November 2024 | 8 replies
If you didn't buy solely off the fact you needed to 1031, then did tax re-assessment get you?
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5 November 2024 | 9 replies
A great way to start is by attending RE events and joining a local investors association.
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6 November 2024 | 5 replies
It also is helpful to have a California LLC in case you ever sell that property and move into another state so that you do not need to form a new LLC altogether with new operating agreement, just re-register in the new state as a new foreign LLC.