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30 September 2024 | 13 replies
But aren't you at risk that it sells for the minimum bid of $67,000, all that goes to the taxing entity and you get wiped out?
30 September 2024 | 3 replies
"Keep in mind there's a highway behind the house," or other things you know they would care about but aren't necessarily in the pictures.
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30 September 2024 | 5 replies
As to the "IF" in that last statement - check out this thread on Norada Capital where they basically said, "Yeah, things are going so poorly that you aren't getting your money back any time soon" (very paraphrased):https://www.biggerpockets.com/forums/960/topics/1196567-nora...I'm a "own the property yourself" guy.
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30 September 2024 | 10 replies
Most your leads are going to be investors who want a steep discount anyways and they may factor in the savings in commissions (meaning you technically aren't paying but it is still factored into the price).
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2 October 2024 | 17 replies
Our clients aren't involved with any part of property management.
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28 September 2024 | 12 replies
While Canadian-specific groups aren't as prominent on Bigger Pockets, there's a thriving community of investors here who frequently collaborate across borders, especially when it comes to cross-border investing strategies and tax considerations.If you’re interested in connecting with more Canadian investors, I’d recommend starting by joining the BP groups focused on international investing.
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1 October 2024 | 14 replies
Additionally, you miss out on one of the biggest advantages of real estate: forcing appreciation through strategic renovations.Another issue with Turnkey properties is that they often aren’t homesteaded, which typically throws off any proforma, resulting in higher-than-expected property taxes.
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29 September 2024 | 3 replies
Quote from @Nate Pucel: @Owen RosenI did when the damage first happened, but I'm thinking maybe I should again to see what they think about how to proceed with the 2 bids.That's where I would start and if they aren't helpful...get a new agent
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1 October 2024 | 37 replies
If you are getting a long term rental, you may have some upfront work, and then whenever a tenant move in / out have some work, but typically for long term rentals you aren't touching / doing things to it every day.
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30 September 2024 | 16 replies
The highest performing short-term rentals have a design eye, their photographs weren't shot by an amateur's iPhone, and they offer more than one extra that others aren't (hot tub, sauna, views...).Create a differntiated Airbnb, and you'll outperform others ... be that first page or second or third.