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2 December 2024 | 5 replies
Once those are gone you can save money faster since there is less money going towards those monthly.
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4 December 2024 | 8 replies
Take some time to think about what it is you want and then make some goals.
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29 November 2024 | 7 replies
I have found lower end W/D more recently have been failing much faster than the higher end names (Samsung, LG, etc).
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5 December 2024 | 6 replies
Stay focused on your goals, and best of luck on your journey in real estate!
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9 December 2024 | 20 replies
When purchasing, my goal was to cash flow a certain dollar amount based on the open market or section8 rates.
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6 December 2024 | 45 replies
It just depends on your goals.You also have to be careful with posts like these, this is where all the real estate agents come in and tell you that their market is best so that they can get your business.If your goal is appreciation, I would focus on higher price point markets.
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6 December 2024 | 4 replies
@Joe BellevilleTo build a successful multifamily property portfolio in Grand Rapids, set criteria for property type, location, and budget, build a team, analyze deals using the 1% rule, leverage house hacking, leverage local knowledge, prepare for tenant management, network, and focus on long-term goals.
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7 December 2024 | 13 replies
@Brandon EikeFrom my experience, finding your first deal starts with clearly defining your goals and thoroughly learning the market.
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6 December 2024 | 2 replies
This gets my mortgage payment barely at break even for LTR value, (could be negative cash flowing), and lowers to about a 6% CoC (with down payment, renov and furnishings' costs)About 1.5 pt lower than my goal and with an MAO $10K higher than I wanted.b.
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11 December 2024 | 11 replies
Work with a financial planner to evaluate cash flow projections and confirm this move aligns with your long-term financial goals.