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17 February 2025 | 4 replies
edit to add: I just saw their page says they're also hiring for admin assistant, transaction coordinator, and wholesale acquisition trainee - wonder if those would still get me good experience and lessons without all the fees
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14 February 2025 | 2 replies
Here’s how:Property Management: Outsource for $25/hour instead of spending your time on tenant issues.Administrative Tasks: Use virtual assistants for scheduling, bookkeeping, or paperwork.Maintenance Coordination: Delegate routine repairs to trusted contractors.The cost of outsourcing is often a fraction of what your time is worth, freeing you to focus on high-impact activities.
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19 January 2025 | 8 replies
Fannie/Freddie (Conventional) loans aren't just about rate and transfer taxes.
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14 February 2025 | 0 replies
One challenge was managing the renovation timeline while coordinating with multiple contractors.
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31 January 2025 | 7 replies
If you have a loan, you may wish to look into due-on-transfer clauses.
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18 February 2025 | 1 reply
If you opt for the second option, you’ll need to coordinate more closely with multiple subs, which could be time-consuming.It's crucial to have a team member overseeing the project, even if you choose one GC.
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10 February 2025 | 47 replies
Pull the coordinates with python 2.
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17 February 2025 | 5 replies
Since you won’t be managing this yourself, clarify upfront if the GC’s fee includes coordinating subcontractors, pulling permits (if needed), and handling inspections. 2.
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18 February 2025 | 7 replies
@Jorge Liang Closing the loan under your personal name saves about $1,200 in lender points, but transferring the title to an LLC later comes with costs and risks.
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11 February 2025 | 6 replies
I work in WA, not IL.Sounds like similar facts - you need to be licensed if you are going to manage other folks' property.Here, you need to hang your license under a managing broker until you can get your managing brokers license, as brokers can't touch money and do a few other things legally.If it's like WA, you will have to hang your license under a managing broker at a brokerage, and coordinate deposits, contracts, fees with them.If that is the case, ask some brokerages that will allow you to hang your license under them for minimal fees in order to be compliant.