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11 October 2024 | 11 replies
Yes Grayson,Cashflow is hard to come by now.You shouldn't be looking at real estate to get rich tomorrow or gain massive amounts of capital now.But as you own the property for years the rents will increase, the asset price will rise, and your loan balance will go down.
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10 October 2024 | 17 replies
Also in the trust will be personal property and other financial assets.
10 October 2024 | 0 replies
So it can make selling the investment asset a no-brainer for a savvy property investor.12.
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12 October 2024 | 12 replies
Investing $100,000+ in an asset is a big deal.
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11 October 2024 | 3 replies
Since I don’t have many assets or a lot of cash on hand, I’ll need to be creative and strategic.
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11 October 2024 | 30 replies
Than, when you get good at hosting, like it, your going to know what property is a best fit AND will have that revenue position to better buy the asset.
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11 October 2024 | 2 replies
It’s not just about managing assets, but people too.Market Reputation – Always perform due diligence and assess the firm’s track record through interviews, property visits, and broker consultations.Choosing a firm with these qualities ensures better management and long-term success.
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13 October 2024 | 9 replies
The average price per land for urban infill going 6-12 stories high on a higher density product is about 5 million an acre up to about 25 million an acre. downtown market premiums I've seen at the highest are 1200 a sq ft. in columbus you can get land about 1.5 million per acre downtown at best price, sells for about 600 a sq ft max, very little competition compared to miami. tampa I didn't really look at too much because miami has 22 zip codes that you can build at least 6 or 8 stories on and just a much better landscape than other markets. tampa is a little bit bigger than columbus but in my opinion more of a suburban market. miami is landlocked and very limited so everything is in redevelopment. both are amazing opportunities but the barrier to entry is much higher in Miami with the smallest plots of land infill going for at least 1.5 million I would say in areas like Wynwood Norte, Wynwood, etc. we looked all over but prefer east of 95 due to the condominium opportunities. multifamily is very strong in both markets but the condo premiums make it almost silly not to do one from the start and the use of deposits versus a single asset lease up and disposition is a longer sales cycle than the condo buildings being sold out prior to completion.
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8 October 2024 | 5 replies
The amount of digital ink that is spilled on this site about LLC's and how to set up complex structures by folks who can hardly be called investors is a bit maddening to me as it keeps folks from actually investing dues paralysis by analysis due to things that really do not mater a great deal.
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11 October 2024 | 4 replies
How is your credit, income, other liquid assets and how will those stand up in a year or two when complete?