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5 August 2024 | 6 replies
https://www.biggerpockets.com/blog/short-term-rental-loans-a...DSCR Loans: Terms to Know When Working With These Popular Rental Loanhttps://www.biggerpockets.com/blog/dscr-loans-terms-to-knowWhat’s Next For DSCR Loans?
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7 August 2024 | 73 replies
The one thing I can say is a safe bet is getting long BTC.
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5 August 2024 | 5 replies
I didn't want to use a partner, but it sounds like that"s going to be best bet to get off the ground.Thanks again.
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5 August 2024 | 4 replies
Your best bet is to get a high-performing real estate agent to market your property for you.
5 August 2024 | 11 replies
Honestly, your best bet is to approach the previous owner and explain the situation to them and negotiate a move-out deal.
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7 August 2024 | 20 replies
Making 8% cash on cash in other states may be cool for some, and everyone loves to hate on California real estate investing, but I'd bet a lot of money you've come across clients who have made generation wealth right here.
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5 August 2024 | 2 replies
Based on what you are saying I think a SFH might be your best bet.
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5 August 2024 | 3 replies
AI / Robotics are pretty certain bets to me.
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8 August 2024 | 46 replies
I bet he was listening to the realtor, TERRIBLE idea (sorry realtors) .Realtors care about one thing, making the sale.
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5 August 2024 | 21 replies
Sorry to hear this.I would always say that "There is nothing wrong with any property as long as the price is right".Granted, some are not salvageable and the deal doesn't make sense even if the seller paid to me to take it lolOver the past 10 years I have witnessed many investors trying to do the same thing as you.Purchase from afar without buying turnkey and trying to do it themselves.This has been popular especially the last few years.Not many succeed unfortunately or they don't succeed in my eyes as they are into deals for much more than what they should be.There is a big trend going on where folks are made to "feel involved" with the purchase, rehab and property management process.The properties look great and off-course they do as rehabs cost $40,000 - $50,000.It doesn't sound like a lot of money for folks from CA and NY but for our local standards it is and IMO kills the cashflow and is unnecessary overcapitalization.Each to their own I guess.Just had a call the other week with a fellow from CA that bought a few turd properties from a local scam artist and is flying to town to try and rehab them himself.Another fella I managed to save even tho he lost his deposit of $1,000 as the seller (Another known scam artist) made him commit to the deal without allowing an inspection or even a walkthrough...If that isn't a red flag then I don't know what is 🤷♂️Hat's off to you for flying into to town to see the property for yourself.Wishing you much success