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22 January 2025 | 10 replies
@Christopher Smith there are many...but in my opinion really only three companies out there that offer the ability to 721 into a large and diversified REIT that i'd feel comfortable with.
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27 January 2025 | 15 replies
Looking forward to hearing what your market has to offer.
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4 February 2025 | 31 replies
G'Day Alejandro,As a few have already mentioned, take a peak at Toledo also.In my opinion lower potential for long term appreciation but solid/"boring" cashflow.I prefer my portfolio to be "boring" but cashflowing lolLow entry points (Sub $100,000), high rents (Above the 1% rule).Blue collar working class decent folks that will stay and pay.Depending on the area but no derelict homes, yards well kept, cars with wheels and all tenants are employed.Plus, all are sophisticated enough to pay rent online so property management doesn't have to collect rents with bullet proof vests and shot guns lolI'm bias toward Toledo but it's worth considering.Wishing you much success
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25 January 2025 | 12 replies
Most likely due to wanting to invest his time more wisely:)If you can move in with family or friends RIGHT NOW and rent out your house and start DIY managing it BEFORE moving out of state, that would be best.Otherwise, handymen, cleaners, agents, etc. are highly likely to take advantage of you once they find you you live OOS.
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22 January 2025 | 3 replies
Another thing to note, these are high-paying jobs being moved to Phoenix.
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24 January 2025 | 3 replies
The lenders that offer the 203k renovation loan are telling me that DPA cannot be used with it and this is in Ohio.
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9 January 2025 | 18 replies
If you really like the place but you feel that it is priced too high for your budget, instead of saying “it’s priced too high” and insulting the seller, simply say “I absolutely love your place; it is exactly what I want, and I’d really like to buy it.
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16 February 2025 | 18 replies
Smaller or Partial Deals – You could fund lower-priced flips or offer gap funding (covering down payments, rehab costs) alongside a hard money loan. 4.
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17 January 2025 | 40 replies
A few of them also mentioned that they don't really expect this to affect the housing affordability in the county, but do believe that STRs can affect the quality and integrity of the neighborhoods in the county which they want to preserve.