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14 November 2024 | 5 replies
I do have experience with significant home renovation but for a personal residence, based on my experience with this I would prefer to buy a property built after 1970 if possible but not sure if that's realistic, the only deals I could seem to find from the MLS are very old houses which I know often brings more challenges with the renovation.Would appreciate any references or suggestions anyone has, so far I've only invested in rental properties that were already in good condition bought with a loan.
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12 November 2024 | 5 replies
I have resources to invest so the focus in on Cash Flow and large returns (hence large land wholesaling) Any suggested strategies for this is appreciated!
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15 November 2024 | 5 replies
If anyone here has tried it, I’d love to hear more about their experience.Also, if anyone has suggestions for other platforms, we're all ears.
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9 November 2024 | 9 replies
Its actually so simple is seems silly when you read about it, but that is the beauty.
13 November 2024 | 2 replies
I’d appreciate your insights on a complex insurance setup for my recent property purchase.My Setup:• Property purchased in FL under a Trust• Trust is owned by an LLC in FL• Holding company LLC in WY owns the FL LLCSituation:I acquired the property through a subject-to (sub-to) deal, taking over the seller’s mortgage, and I’m arranging insurance coverage.My attorney suggests I:1.
7 November 2024 | 12 replies
Many investors in similar positions begin by building a network and learning the basics, such as understanding financing options, which can often be more flexible and approachable than people expect, especially for those just starting out.One suggestion is to set clear financial and personal goals so that you know what you’re working toward with each investment.
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12 November 2024 | 5 replies
If you're looking for affordable options with good cash flow, I’d suggest checking out the Midwest market.
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11 November 2024 | 4 replies
Blue County = High taxes, pretty simple :)at $300 a month in taxes that’s a cash flow killer, you will need to go to the board next year and request an adjustment if possible, you may get granted but you will need to have a good report presented to the board with comps that are very similar to yours, but again it will be difficult because your property uncapped and it will never go back.
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6 November 2024 | 8 replies
It’s relatively simple and, while it does cost money, it’s one of the more cost-effective options.