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6 March 2024 | 10 replies
I am offering Seller Financing with flexible and favorable terms due to recognizing today's interest rates is not pushing many developers off the fence.
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6 March 2024 | 5 replies
Many will not do you any favors in letting you know your property is in foreclosure.
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9 March 2024 | 261 replies
Thanks Elizabeth,I moved from Australia to the US to start my real estate journey.I networked for years and built relationships before moving.I offered value and was willing to pay for services others provided.Never asked for handouts or favors unlike many investors nowadays.Before asking for a referral, the relationships where already built and I could also offer/share referrals and value in return.Never wanted something for nothing.Your approach is fair but rare.Wishing you much success
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6 March 2024 | 16 replies
When deciding between investing out of state vs home hacking in Oakland, keep the following in mind.Oakland House Hacking:Proximity: Living in Oakland while house hacking enables you to maintain a close proximity to San Francisco, which might prove advantageous for property management and maintaining connections with the local market.Possibility of Appreciation: Property values in the Bay Area have increased historically, which is good for accumulating equity over time.Local market dynamics, tenant preferences, and potential obstacles might be simpler to comprehend when one is in a familiar location.Demand for Rentals: Oakland has a robust rental market, and you can discover good demand for rental units if you pick the appropriate property and location.Creating Local Connections: If you live in the Bay Area, house hacking can assist you in making local contacts with property managers, real estate agents, and other investors.Investing Out of State:Investing outside of your state may be more affordable and enable you to use the same funds to buy more than one property.A few out-of-state markets can have more favorable cash flow prospects in contrast to the pricey Bay Area market.Geographic diversity, which can help reduce risks related to market-specific variations, is made possible by investing in a variety of markets.Hiring a local property management business, which offers a more hands-off approach to property management, is often necessary for out-of-state investments.Remember, both options have their advantages and challenges.
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8 March 2024 | 53 replies
Be cautious of cities that aren't proactive in job attraction; too much growth can lead to strict building regulations, affecting housing value.Other Factors- Favor cities with a crime index that has consistently decreased over a decade.- For appreciation, I look for a minimum of 2.5% YoY growth in median house values over the past 20 years but I don't use this explicitly in calculations.
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7 March 2024 | 38 replies
If I was in New Jersey or California I personally would seriously consider exchanging into somewhere with more favorable laws.
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6 March 2024 | 12 replies
If you're particularly interested in Class A neighborhoods, explore specific areas where market conditions might be more favorable for positive cash flow but be prepared for potentially higher costs and stricter regulations compared to B neighborhoods.
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6 March 2024 | 25 replies
Yes, I hear what everyone is saying for sure about it not being a good deal in my favor, but I'm just trying to make it a good deal for me as well as my builder. trying to find a scenario that would be beneficial for myself.
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6 March 2024 | 16 replies
NOW this is a low number since I am a contractor ( And this is going to be my house ) And I called in some favors . .