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6 December 2024 | 15 replies
Even if you are fine with carrying the high premiums during a flip, I think this really hurts your prospects on the sale.
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4 December 2024 | 3 replies
Most of the prospects offering this to us, disappear when we tell them they still have to go through our full application & screening process. - We almost feel sorry for the foolish/naive DIY landlord that inevitably falls for their sob story and accepts them.We have had 2-3 that have gone through our process and so we accepted their multi-month payment.
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2 December 2024 | 14 replies
Quote from @James Kiny: We are a welcoming group of investors -seasoned and prospective - looking to share ideas, talk over problems and celebrate successes of our group members.
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4 December 2024 | 4 replies
For vacant units, consider virtual staging through VirtualStaging.ai or something like that to help prospective tenants visualize the space.Hope this helps expand your marketing toolkit.
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3 December 2024 | 6 replies
From an investors prospective there are few opportunities.
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2 December 2024 | 2 replies
Instead of depending on buyer agents to drive prospects from house to house, prospects would tour houses themselves, and unlicensed “door-openers” would admit them.
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28 November 2024 | 4 replies
I wouldn't let any concerns about this deter you from investing in Section 8 (or other) properties.
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3 December 2024 | 12 replies
Once the municipal/state requirements are all set, do a thorough screening for any prospective tenants, have a solid lease ready to go, and take move-in pictures to have on record for any security deposit deductions after they move out.
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5 December 2024 | 18 replies
I also only post one property per city up on furnished finder, since it is a lead gen site and I just email all available properties with Airbnb links to the prospective tenants.
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5 December 2024 | 17 replies
This of course depends on your starting bank roll - but if its like mine (under 100k) - Im trying to put as little as possible into it on top of initial equity and fees.this will likely chew a big hole in your ROI (now if you are looking to improve value with a cash out refi or a great prospect comes along that needs combo new plumbing, roof, windows, foundation repair, etc - well just make sure you know what youre getting into and/or have a good contractor and finger on the pulse of the market when estimating the ARV YOURSELF - couple missed items and you risk having a bad first investment and not doing it again). 7) dont be scared be ambitious ( i should heed my own advice sometimes) 8) define numbers goals within your target areas.