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18 January 2025 | 7 replies
They often have different vendors introduce themselves so you can build your team and they often have a local member do a case study on one of their properties to share the ins, outs, ups, and downs of the investment.
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4 February 2025 | 18 replies
Condos don't appreciate at the same rate as single family homes, and you are always a newly elected board away from STRs getting banned in your building.
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20 January 2025 | 10 replies
Whether it’s sharing ideas, insights, or exploring opportunities, I’m all about building relationships with like-minded investors.Looking forward to contributing and learning from this incredible community.Best,James That’s impressive what you’re doing.
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20 January 2025 | 7 replies
Real estate is not my of my knowledge base at all but I want to start working on building passive income now (I’m 44).
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22 January 2025 | 10 replies
Rentals also build equity through tenant payments and appreciation, with profits taxed at lower long-term capital gains rates when sold.
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21 January 2025 | 4 replies
Start running numbers on potential deals to get more comfortable, and build out your team—like a CPA, property manager, and lenders.
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17 January 2025 | 11 replies
@Jonathan BaptisteStarting at 26 can significantly build wealth in real estate.
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25 January 2025 | 13 replies
I just acquired one from a PM where they were charging a tenant a resident benefit package and a building protection plan.
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22 January 2025 | 56 replies
Jake may also shy away from the effort and vulnerability required to build a healthy relationship.
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21 January 2025 | 1 reply
I recently came across 1 acre asking for 314k in a very good residential and growing location, so the current owner has added 4 manufactured homes with 4 electrical meters, 4 septic tanks and only 1 water meter for all 4 homes, the homes are sitting on partial slab and partial pier & beam, he also added 2 storage sheds approx. 380sqft with the intention to make them ADUs they are still only the shell so I would have to get those ready to live in, so currently the 4 manufactured homes are being rented and bringing in 2800k a month, 3 of the homes are needing some TLC which could increment rents and possibly get me at 3600k a month, also being a 1ac lot this still leaves about 12,000sqft of raw land where you could build etc.So that is on the good side now the things I did not like so much, the lay out is poorly executed to where it makes it looked crammed up and not professional but it could be fixed.Another is that in reality there is only 4 livable units so that qualifies under a conventional loan but since they're are 6 units on the property the banks are wanting to take it as a commercial so we would have to move out the 2 storage sheds out in order to close as conventional.Another concern, technically you are only allowed to have one manufactured house or single wide in your property according to what I know but I know it could change according to zoning which I will investigate, so my question is has all this been accounted for and if so how can I verify it so it wont leave me in a bind further down the road, I currently asked my agent for the appraisal of the property to see if that might verify.Any recommendations?