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11 February 2025 | 5 replies
Scale Strategically (if this applies to your goals) Reinvest profits, use the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat), and leverage 1031 exchanges to grow your portfolio tax-efficiently.I'm a mortgage lender at Aslan Mortgage Lending and would love to find time to talk and discuss your journey.
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2 February 2025 | 20 replies
Napoleon Hill's book, "Think and Grow Rich" written in 1937, is still a good read for it's basic ideas.
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13 February 2025 | 0 replies
These can bring in significantly higher revenue compared to long-term rentals, especially during peak travel seasons.Single-Family Rentals in Growth Markets:Target neighborhoods with growing populations, good schools, and job opportunities.
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10 February 2025 | 7 replies
Raising capital takes building relationships and growing your network.
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3 February 2025 | 4 replies
If there aren't any massive physical problems with the property, it appears you can grow income and equity.You might be able to buy this with little cash out of pocket if the seller owns it free and clear and was willing to finance nearly all of it.
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3 February 2025 | 32 replies
Equity is your frozen cash that you access as it grows to build your portfolio
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12 February 2025 | 0 replies
Finally came across this one in the small but growing town of Coalinga CA.
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15 February 2025 | 2 replies
I realize I'll need to consult with my attorney and CPA for actually structuring these, but I'm interested to learn from anyone here who's scaled their real estate business from their individual portfolio or flipping business, to bringing in outside capital to grow.
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11 February 2025 | 7 replies
Thank you @Jimmy Lieu, I totally agree Columbus is a fantastic market, and that's why we grew our portfolio there and are still growing it!
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22 February 2025 | 0 replies
I have also run the scenario of putting extra principle payments into the conventional mortgage, but we cannot put away as much, because we have to bank for large purchases down the road.This spreadsheet takes into account that my wife takes a drop in income in the next few years to care for babies (growing family), also factors in major expenses on the rental property, and assumes that we have 10% rate on the HELOC to be conservative.