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5 January 2025 | 11 replies
California offers great job markets and weather, but comes with high costs.
4 January 2025 | 7 replies
Alta is a little expensive. https://learntitlesearching.com/contactus is 150$ looks like it has a lot to offer.
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2 January 2025 | 13 replies
@Rae Chris Ann Arbor is pretty expensive, so difficult to find cashflowing rentals.You may want to look in Ypsilanti - if you want to stay in your area.Otherwise, Metro Detroit offers a LOT of options.Read our copy & paste below for some helpful info:---------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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26 December 2024 | 2 replies
You don’t have a large enough portfolio of houses for a lender to feel comfortable without a personal guarantee.
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6 January 2025 | 38 replies
Basically, what these guys did to some of our Real Wealth Network members allegedly is:- GEG showed RWN some of the properties they had renovated and leased out to prove their business model- They told our members via a webinar that they buy, renovate and sell rental properties below market value to investors with 8% cash flow- They said they offer non-recourse financing at 50% LTVIn reality, GEG sold properties that were not always renovated - even if the price point reflected a renovation.
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7 January 2025 | 4 replies
We were being transferred to that area and went up to look at a couple different homes in the area and that one came up that day, and we made a full asking offer immediately.
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11 January 2025 | 420 replies
I guess that's their comfort zone.As I mentioned last night, experience in this thread has shown that more smaller payments produces less benefit than fewer larger payments.
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13 January 2025 | 23 replies
The cleaning company I use started offering hot tub service about a year after I got the salt water tub and I took them up on it.
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5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.
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18 January 2025 | 13 replies
And with brokerages now offering new agent programs where they will pay 100% of the expense to get licensed, there is literally no reason not to.