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4 October 2024 | 12 replies
Check out local job stats and major employers.Population Trends: Areas with growing populations often see rising property values.
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2 October 2024 | 3 replies
You have come to the right place to begin your investing journey.Awesome board with many smart people having own suggestions and ideas to grow wealth!!
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2 October 2024 | 13 replies
It has definitely helped me grow a lot
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3 October 2024 | 9 replies
Quote from @Samuel Diouf: I would focus on growing relationships and building your core 4.
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2 October 2024 | 3 replies
Awesome board with many smart people having own suggestions and ideas to grow wealth!!
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30 September 2024 | 9 replies
Message me on BP and we can set something up.Original BP post (check it out to see how much of a dream this was for me 9 months ago): https://www.biggerpockets.com/forums/55/topics/1162005-first...Best, RyanOn a side note, if anyone's looking for a young, motivated, and incredibly knowledgeable agent in Grand Rapids and the surrounding areas, let me know and I'd be happy to connect you.
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2 October 2024 | 0 replies
As you grow your portfolio and tackle bigger projects, your perspective on what constitutes a significant deal will change.
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2 October 2024 | 13 replies
Real estate investing can be a great idea for several reasons:Potential for Appreciation: Over time, properties often increase in value, allowing investors to build wealth through appreciation.Passive Income: Rental properties can provide a steady stream of passive income, helping to cover expenses and generate cash flow.Tax Benefits: Real estate investors may benefit from various tax deductions, such as mortgage interest, property taxes, and depreciation.Inflation Hedge: Real estate tends to keep pace with or outpace inflation, making it a good hedge against rising costs.Leverage Opportunities: Investors can use financing to purchase properties, allowing them to control larger assets with less capital upfront.Portfolio Diversification: Real estate adds diversification to an investment portfolio, potentially reducing overall risk.Tangible Asset: Unlike stocks or bonds, real estate is a physical asset that you can see and manage, providing a sense of security.Control Over Investment: Investors can influence property value and income through renovations, management decisions, and property improvements.Building Equity: As you pay down a mortgage, you build equity in the property, which can be accessed later through refinancing or selling.Community Impact: Investing in real estate can contribute to community development and improvement, positively impacting neighborhoods.These factors make real estate investing an appealing option for many people looking to grow their wealth and secure their financial future.It really comes down to investing in a growing market, in a good neighborhood & building a great team to support you.
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2 October 2024 | 2 replies
Affordable options in Rockwall and Royse City are also growing.
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2 October 2024 | 2 replies
I do currently own one long-term rental property and I'm excited to grow that portfolio.