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27 October 2024 | 25 replies
Full disclosure, I have not taken either course but listen to Carson's podcast and used Jennifer's deal finder resource and follow her Facebook page for real estate investors) for better training that will not drain you of all your seed money.
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25 October 2024 | 10 replies
A lot of times they are younger and don't have the kind of resources needed to actually take down a deal.
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27 October 2024 | 15 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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31 October 2024 | 17 replies
They have a lot more resources to call on then you do.
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30 October 2024 | 236 replies
Most of you in the thread: It's kind of a lame excuse, to say "we don't have enough resources to go after criminals, so we will outlaw the wholesaling for good".
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25 October 2024 | 8 replies
Use resources like BiggerPockets webinars, books, and mentorship.
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24 October 2024 | 13 replies
Happy to send over some more resources if you want to dive deeper into the market.
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26 October 2024 | 11 replies
Just make sure you collect more data before making a decision.
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28 October 2024 | 5 replies
You can refer out the deals that you don't buy and collect a commission.
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24 October 2024 | 4 replies
Quote from @Yixiong Pan: It's possible, but it's also possible that the tenant will destroy your house and you'll never know.Managing investment property involves more than collecting rent.