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27 December 2024 | 13 replies
Building a network here can open doors to partnerships, mentorships, and local insights.3.Explore the Blogs and Podcasts: BiggerPockets has tons of content—blogs, podcasts, webinars—that cover everything from beginner strategies to advanced investment tactics.4.Utilize the Deal Analysis Tools: If you’re considering an investment, the deal analysis calculators are invaluable for running numbers and understanding potential returns.5.Set Clear Goals: Define what you want to achieve, whether it’s learning a specific strategy or connecting with certain types of investors.
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29 December 2024 | 5 replies
That experience taught me the importance of leaning on local expertise, even if it feels like an unnecessary expense at first.One strategy I’ve seen work occasionally is offering the tenant a “cash for keys” deal, where you pay them a small amount to vacate voluntarily.
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26 December 2024 | 1 reply
Between my dad and I that is $1.6 mil in entitlement (minus my current house) for 2025.Has anyone gotten more than 1 VA loan in the same year or come up against problems with this strategy?
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30 December 2024 | 11 replies
The flexibility allows investors to select the coverage that aligns with their strategy and budget.When clients receive a proposal, they are guided through their coverage options by an expert team member.
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30 December 2024 | 5 replies
I would say for most people, the 1st position heloc is no a good bet, especially if you have a 1st mortgage rate of less than 5%.Using this strategy with a 2nd position heloc can be just as powerful, so you can have your cake and eat it too!
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23 December 2024 | 15 replies
I know if I stay consistent, something will drop.
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23 December 2024 | 10 replies
If you consistently analyze properties, recognizing a good deal will be much easier when it shows up.
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26 December 2024 | 13 replies
To streamline design choices, create a design guide or "mood board" beforehand to stay consistent with finishes that match the neighborhood's expectations.For monitoring progress, a property manager can sometimes oversee construction, but it’s typically better to rely on the GC for updates.
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24 December 2024 | 24 replies
Include an exit strategy, tax planning, and insurance to protect both parties.
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17 December 2024 | 11 replies
I think the BRRR strategy is a good way to get started.