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4 October 2024 | 4 replies
It has been a long time since I've been active here.
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4 October 2024 | 2 replies
I am hoping folks have any contacts in the area who have been actively doing LP investing and would be willing to meet and chat.
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5 October 2024 | 9 replies
Go where your income to cost of living is the greatest ratio, hands down.A good portion of my borrowers buy out of state and use property management to deal with the properties.If your in college you've gotta increase your ACTIVE income, before you get passive income.
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4 October 2024 | 15 replies
Most have exited since the earlier thread's activity, so I'm starting a fresh thread asking members here, did you participate in any of the completed deals and was your experience and return as advertised?
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28 September 2024 | 2 replies
If you have someone or know someone who is actively lending.
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8 October 2024 | 36 replies
If you prefer rentals in B or B+ neighborhoods instead (mainly for higher tenant quality, lower crime rates, and better long-term appreciation potential) and don’t mind broadening your search beyond Huntsville, other more affordable locales in Alabama—like Birmingham, the state’s largest city—could be a good fit.We’re active in suburbs on the west side of Birmingham like Adamsville, Forestdale, Sylvan Springs, and Pleasant Grove, and a good portion of properties there meet the 1% rule.
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1 October 2024 | 18 replies
HiI would like to inquire about marketing a property for lease to individuals in recovery.
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5 October 2024 | 7 replies
An umbrella insurance policy for you while you are actively investing wouldn't hurt either.Look for Facebook groups that discuss wholesale deals locally to source fix and flip opportunities and get on the list for the local wholesalers near you.To Your Success!
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5 October 2024 | 9 replies
Investing in markets or asset types with stronger appreciation potential but with less day-to-day management may be a smarter long-term move, particularly if your goal is financial freedom and less active involvement.In summary, pulling out $500,000 from equity could be a smart play, especially if you're focused on long-term appreciation.
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5 October 2024 | 14 replies
If I decide to sell a rental property, my understanding is that my accrued passive income or loss on the rental becomes active income or loss.