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28 January 2025 | 48 replies
I believe I hear what you are saying though, for sure -- that it's better, more fair, and more likely to get deals, if you yourself can show up to the table offering something.... in hard cashbut you still have to know how "fix and flip" works, how to renovate something, how to negotiate.... what contracts to do, how long things take.... etcthat was the concept I liked about Gator, is that it's a team that passes that niche off to the other person, who is good at that - and they can all structure deals together.... you have the deal guy.... the money guy.... the fix and flipper guy, etc. -- and they find deals that could be good for all of them - and everyone is helping each otherI think BiggerPockets will be a potentially pretty reliable place - I know that there's different roles, "finders", "buyers", "sellers".... maybe I can just find deals, and connect people together, and get some kind of small finder's fee for it, or something.... ok so that first 10-20k is important to just be able to provide - when getting into this....
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5 January 2025 | 17 replies
Open-concept kitchen designs are also highly desirable.2.
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27 December 2024 | 9 replies
@Grace Norton adding to what's been written already, you'll want to get a 2-year work history for both.To consistently pay rent, requires consistent income, which requires consistent employment.Pretty simple concept!
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27 December 2024 | 13 replies
A single property is simpler to manage, carries lower financial risk, and offers streamlined tax reporting but may generate taxable income sooner.
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23 December 2024 | 4 replies
We go by a simple concept, just do what you agreed too in the contract, nothing more, nothing less - if that happens then we all win.
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11 January 2025 | 420 replies
I didnt know that the HELOC thing was classified as debt acceleration, and I would like to understand that concept more.
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30 December 2024 | 16 replies
A lot of this content was produced in the mid stages of a vacation rental frenzy, and those concepts don’t necessarily work any more.
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19 January 2025 | 46 replies
It was the second book I read, I have all the notes, I'll share here. https://docs.google.com/document/d/1blQFIKSls6JDHdl7srVMhXd8...The book mostly talks about investing in different states, and how to keep contractors honest, and monitoring renovations, but many of the core concepts are the same.
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5 January 2025 | 24 replies
Buying a single-family home with a detached garage and converting it to an ADU is much simpler.
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2 January 2025 | 12 replies
.- The asset management is too expensive- The management required the LTV to be lower than 50-60 percent otherwise they don't even talk to you :)The concept is great in paper but doesn't work unless you have large equity and expensive assets.