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26 January 2025 | 3 replies
They will be your BOG (boots on the ground) to be able to view the property.I will say that I did buy my current primary residence abroad and it wasn't fairly complicated, I would just do some things differently than I had initially anticipated if that makes sense.
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13 February 2025 | 2 replies
-While rent would be more expensive month by month, the idea of being able to take my equity out of my home and also being able to reduce annual repair costs, property taxes, etc. does seem appealing to me.
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6 February 2025 | 13 replies
She's on a fixed monthly income and cannot afford home repairs.
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21 February 2025 | 3 replies
A 100-year-old home with structural concerns could mean costly repairs, so get a thorough inspection, especially for foundation and floor issues.
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24 February 2025 | 21 replies
Foundation repair salespeople are great sources to find deals.
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27 February 2025 | 5 replies
@Kayenta Saucier - I wouldn't say it is a great deal or a bad deal.A lot of us still try to use the following equation.Maximum offer = ARV * 0.7 - repair costs.
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14 February 2025 | 2 replies
Here’s how:Property Management: Outsource for $25/hour instead of spending your time on tenant issues.Administrative Tasks: Use virtual assistants for scheduling, bookkeeping, or paperwork.Maintenance Coordination: Delegate routine repairs to trusted contractors.The cost of outsourcing is often a fraction of what your time is worth, freeing you to focus on high-impact activities.
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21 February 2025 | 4 replies
You'll want to focus on securing a favorable financing deal at the refinance stage—ideally, you want to pull out as much of your initial investment as possible while keeping monthly payments manageable.A big consideration is understanding your after-repair value (ARV) and ensuring the rehab costs add value in proportion to that.
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14 February 2025 | 0 replies
I ended up putting in $20k for light cosmetic repairs, which then allowed me to bring rents up to market.
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22 January 2025 | 4 replies
Quote from @Devin James: Im currently learning this lesson with New Builds that have taken twice as long to complete than anticipated.....Finishing a Real Estate project ASAP is critical because...1) Holding Costs add up quickly- Loan Interest- Property Taxes- Insurance2) Investor Capital- Our financial projections are dependent on how fast we can turn our investors capital.