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4 December 2017 | 14 replies
What is hot (producing good interest/leads/applications) now may be very different in 6 months or a year.
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4 December 2017 | 5 replies
Hopefully, others will have some (other) "bright ideas" for you to escape this mess, because living in a non-income-producing property, and buying more non-income-producing property, is not an ideal start!
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6 December 2017 | 16 replies
No matter how this property is financed it will never produce positive cash flow with a value of 325K and rent at $1800.It simply boils down to how much money you are prepared to lose while you hold on.Every month you hold it eats away at your final pay off.
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4 December 2017 | 4 replies
Although my properties have maximum leverage I have the cash invested else where to produce higher returns than dead equity would produce.
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14 March 2018 | 11 replies
They must come from the IRA or from the income the asset produces which is held in the IRA.
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28 March 2018 | 8 replies
@Michael Pears I understand the capital tied up in the properties and that limiting me from purchasing other deals in the immediate future, however, the cash flow that these three units are producing, I would need to put at least as much if not more capital into three or more other properties to get the same amount out.
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29 March 2018 | 19 replies
It's a huge white space that nobody is taking advantage of and it makes sense produce content that people want to see, now you will start getting recognized as Cody the real estate agent that helped me make the decision to move here and why would they go to anybody else to help them find a home if then the person that help them make that decision.Conclusion To sum it up, you will be a media company/ real estate agent. you are going to be the content producer of information that buyers and sellers wantlike writing reviews of the best restaurants, interviews principles on why their school is the best, going to every destination there is to go to and provide walkthrough videos, etc...If you approach it like this then your now the source that people who are looking to buy in your area and sell are now going to go to.
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13 March 2018 | 3 replies
Show us the numbers and you will get all the feed back you need to make a decision.Keep in mind SFHs are notoriously poor at producing positive cash flow.
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14 March 2018 | 3 replies
I see a lot of newer agents if they don't have a warm market or sphere to tap into.. they will get on a big producers team.. this can jump start you.out our way agencies have lead creation systems and will literally hand you web leads for listings or sales.My wife had taken a few year hiatus and to kind of jump start ( her normal business is referrals) but she wanted to work some leads and get going and it worked very well she made many sales and got a few listing which in this market is simply money in the bank. find your niche.. and remember 95% of agents all try the same thing.. you may want to specialize.. and commerical agents though dog tough to start if you make it.. its a really good business once your established.
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19 March 2018 | 25 replies
If your other financial responsibilities in life are too demanding realistically you do not have the ability to take on more financial debt even if it is income producing.