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10 October 2024 | 24 replies
maybe not, but you should be firm with the tenants in your expectations as the landlord or the lease means nothing, and you will continue to have a hard time.
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14 October 2024 | 37 replies
These allow you to continue growing your real estate exposure passively without the hands-on management required for direct ownership.
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9 October 2024 | 5 replies
They continue to roll over until they can be fully utilized, either by offsetting future rental income or when certain events occur (e.g., your income drops below the threshold or you sell the property).If you sell the property, the accumulated passive losses are released.
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11 October 2024 | 17 replies
Once a couple of flips have been completed together and we have built that relationship, we typically just go to a 50 upfront 50 at completion type of deal more typical with homeowner work (Not required, but its usually easier for both sides or we just continue a pay as we go basis).
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8 October 2024 | 5 replies
It took me a couple of years to finally take action and start my real estate investing journey, but I continue to use BP as my #1 go-to resource.
8 October 2024 | 5 replies
Criminals and homeless will typically move on to an easier target.It is better to spend $1,000 - $2,000 to properly secure the property than to continually deal with these problems and expenses.
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12 October 2024 | 25 replies
For tenants to continue paying comparable rent, new companies must move into the city and create replacement jobs with similar wages and skill requirements.
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16 October 2024 | 25 replies
A recent study showed that 80 people are moving to this city every single week, which will continue to increase housing demand.
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9 October 2024 | 9 replies
Situated in Houston's vibrant inner loop, it ranks among the city's most coveted and rapidly expanding neighborhoods.Job Growth: Houston is expected to add approximately 57,600 jobs in 2024, continuing its trend of robust employment growth.
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9 October 2024 | 8 replies
@Teahjsia FrazierTo build a portfolio and replace monthly income, consider strategies like leveraging your current home with a Home Equity Line of Credit (HELOC), using FHA loans for low down payment, renting out your current home, using creative financing options like seller financing, private money lenders, or partnerships, building cash flow with smaller deals first, using the BRRRR strategy (Buy, Rehab, Rent, Refinance, Repeat), minimizing expenses and maximizing savings, and continuously educating yourself through books, podcasts, and networking groups.