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3 January 2025 | 1 reply
This sounds like a home run and a great first purchase!!
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22 January 2025 | 22 replies
You’ve taken strong steps by hiring a reliable cleaner and listing the property across multiple platforms.
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10 January 2025 | 2 replies
You can run one-off searches for phone numbers and email addresses, and they often have promos for new users.Spokeo for Professionals: While not specifically real estate-focused, it’s a reliable option for finding contact info for individual property owners, especially for one-off searches.Forewarn: This is great for verifying contact details and gives a bit more intel on leads.
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5 January 2025 | 2 replies
While I haven’t chosen a specific niche yet, I’m leaning toward purchasing a multi-unit apartment where my 20-year-old son could live and help manage while we rent out the other units—essentially a form of house-hacking.So far, I’ve connected with a few real estate agents and gained MLS access, which has been a great starting point.
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27 January 2025 | 35 replies
The labor is cheap but is usually terrible quality.You have very little insight into the governments plans for development and i have seen that have amazing impact on some areas and terrible impact on others.If you are going through with the purchase i wish you good luck and urge you to consider traffic patterns.
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7 January 2025 | 5 replies
If you’re considering leveraging hard money lending (HML) for this flip, it could be a strong alternative to traditional financing—especially since HML is quicker to secure and designed for investors aiming to flip properties fast.With HML, you’re typically looking at covering a significant portion of both purchase price and rehab costs, which keeps more of your cash free for other expenses or emergencies.
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6 January 2025 | 1 reply
I don't think I can ask the seller to evict prior to purchase, although that would be the best scenario.
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8 January 2025 | 11 replies
**Cash Flow & Reliability**: The cash flow can be great, especially since the rent is typically above the average for the area, and it’s guaranteed by the government.
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31 December 2024 | 0 replies
These methods include: Detailed Engineering Cost ApproachDetailed Engineering Cost Estimate ApproachSurvey or Letter ApproachResidual Estimation ApproachSampling or Modeling ApproachExperience or “Rule of Thumb” ApproachIt’s important to understand the differences between the approaches including which one best fits your property and the reliability of each approach.DETAILED ENGINEERING COST APPROACHThis approach compiles the costs from construction and accounting reports to build a report.
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11 January 2025 | 67 replies
You can potentially purchase multiple properties, which is a huge plus for spreading out risk.