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19 December 2024 | 28 replies
Since you're new to real estate (according to the title), you really don't have anything to base it on other than your own personal experiences staying elsewhere.
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23 December 2024 | 7 replies
Hi Randall-Congratulations on buying a rental property well back in 2020.I am sorry to hear the property is now cashflow negative $200 a month.Your question is should you sell or continue to keep it with the negative cashflow.Depends on your personal goals and if being negative $200 a month plus any unexpected repairs or vacancies is affordable to you, but if you can solve the negative cashflow by turning the property into a furnished mid-term rental, for example, your future self may thank you.To Your Success!
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24 December 2024 | 10 replies
Your value is, to provide sellers that don't want to list, with a way to get cash for their house and provide buyers with discounted off-market properties they can buy to make a profit on.I am not saying it is not possible to wholesale from the MLS, but it seriously defeats the purpose.Focus on becoming the person/company that offers the most and best value and you will succeed.
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4 January 2025 | 35 replies
I'm sure there are great, stable areas in Columbus but I'm not convinced the appreciation has been as strong as most would lead you to believe.I don't know much about Cincinnati, but one glance at the median list price over the past 5 years (attached below) would be enough for me to write it off as not appreciating.I'm personally partial to Detroit and that's where I invest and do a lot of business with other folks as well.
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18 December 2024 | 10 replies
I’m ready to start investing in my personal life to achieve that financial freedom!
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23 December 2024 | 24 replies
I don't know, that's a personal preference.
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19 December 2024 | 8 replies
Quote from @Hanna Brown: @Jay Hinrichs If the bidder at the auction pays cash for keys to get the homeowner out, does the person redeeming from the owner position (exercising rights of redemption w/in 180 days) have to reimburse them for those costs they paid to get the homeowner out?
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20 December 2024 | 5 replies
Based on my experience, you're right that many lenders allow the use of a second home mortgage for properties intended for personal use, provided you meet certain conditions.
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24 December 2024 | 44 replies
And personally, I stay away from OH because it's what herd think has long been and I worry how much of price is based on herd-actions or market metrics.
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26 December 2024 | 15 replies
That is a great place to start, as well as hitting some local real estate investor meetups so you can meet some other house hackers in person who have done what you want to do.