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12 April 2024 | 23 replies
I assume your realtor has called the other showing’s realtors and told them you have an offer on the table?
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11 April 2024 | 10 replies
You don't have to bring anything to the table.
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10 April 2024 | 1 reply
I have experience using most power tools, table saws, chop saws, drill, lathe.
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10 April 2024 | 0 replies
(p.s. if you are buying an existing home expect there to be problems. no home is perfect)(30 days out)Step7: After inspections you and your realtor need to sit down and begin the negotiations. nothing is off the table here!
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9 April 2024 | 0 replies
The agent then sent me an email with a mountain of questions which will take me a good day to get through.
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10 April 2024 | 16 replies
They offered some decent closing incentives such as 1% back at closing table and 6% property mgmt for a year, 1 year warranty, and i THOUGHT rent assurance for 1 year (found out later they'd changed to 3 months only).
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9 April 2024 | 13 replies
As a frame of reference, my property is 2300 sqft, mountain views, 2021 new construction, 4bed/4bath
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10 April 2024 | 7 replies
It's possible to deleverage in an exchange, but only if you accept some tax hit (partial exchange) or bring outside cash to the table, which can hurt your ROE.
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9 April 2024 | 3 replies
I have 200k in liquid cash (yes this was self earned thru 5yrs of sacrifices and hard work 12-16hr days 7days a week with maybe a month in the summers as break to see family back home, but i dont want to do this forever) My dad and I want to be partners going into these deals. there is a new construction 4plex i am looking to build which will be 775k that i will put 25% down (half me half my dad) which will cash flow net 2k /mo if i rent it out LT (COC of 11% which isnt bad and apparently my agent who recently worked on a neighboring new build said the appraisal after its built is mid/high 800s, also my plan is after 2yrs to REFI at lower rate). i am considering to have 2 of the units as MTR for local nurses or construction crews which of course can increase profits much more.i also have a 3acre property that i am thinking to build small 2bd 1ba cabins and use as STR/MTR/LTR. but i am also wanting to do do STR as i love the concept and have watched Robuilt everyday learning from him. i am looking to buy land in a mountain/ski town (189k 10acres) and build a beautiful aframe and use as a STR. all these property ideas are close by to me so i will have a close look on them and will manage myself. i have just been consuming knowledge endlessly the last 3months in preparation for this decision.but as you can see my head is all over and im unsure what the correct first step will be. i have many goals and visions of what i want to do i just need some help making a correct first decision on those who are far more experienced than me in this real estate space so i use my capital in the most efficient way. i understand real estate is long game and i have no issues with that but i would like to at a minimum cashflow 100k a month by the time im 30. this is a big goal but i have 8yrs to do this. thank you for your help i look forward to the responses(side note: i am not considering house hacking as i live with my family, this will possibly be an option in the future)
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9 April 2024 | 1 reply
We expect you to be equally committed and, to that end, ask that you bring some money to the closing table.