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9 January 2025 | 28 replies
Part of my issue was not having a reasonably priced handyman ahead of time and eventually overpaying to just get it done and also inexperience as a manager.With that said, you essentially have two options: very cheap properties in less good areas (you're looking at 100k or less--which you might have trouble getting a good lender for) or trying to do some sort of house hack (e.g. live in flip, live in rent by the room, multifamily) where you budget will be closer to 200k-300k.Personally, I would not look at real estate until you are maxing out your 401k and IRA, but lots of folks have done significantly better with real estate than stocks and would think I'm crazy for suggesting this.
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30 December 2024 | 7 replies
There usually aren't photos of the basements and that's were most of the big ticket issues are.
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30 December 2024 | 7 replies
My developer client successfully defended the initial challenges and settled on this having PE rights, so he shifted the site plan to avoid the issue.
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30 December 2024 | 819 replies
We are hoping to get some of these issues worked out very soon.
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29 December 2024 | 8 replies
Then tell us the nature of your remaining questions and concerns as to each remaining aspect, so people can have intelligent, focused, SHORT, conversations with you on each issue you present.
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26 December 2024 | 9 replies
- what if someone is occupying the living areas more than someone else and it causes an issue?
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24 December 2024 | 2 replies
I’m an out-of-state investor working on building my online presence, and I’m currently running into an issue with setting up my Google My Business (GMB) account.
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6 January 2025 | 57 replies
Freight is the major cost issue, which since you're near a port that's a non-issue.
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27 December 2024 | 2 replies
Haven't had issues because the properties net enough to repay those costs and cashflow from year 1.
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27 December 2024 | 4 replies
Managing it has been exhausting, especially with the tenant issues and LA’s landlord policies.Here are some details about the property:Purchased for $650k, with about $90k spent on renovations.Current Redfin estimate: $1.1M.Mortgage interest rate: 3%.Would selling it “as-is” during the eviction process make sense financially?