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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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15 January 2025 | 1 reply
Vendors who partner with Costco pay for market exposure and referrals, which often adds to the final cost passed on to the customer.
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21 January 2025 | 4 replies
Challenges and Opportunities Unique to IndianapolisSeasonality: Tenant interest tends to slow in winter, so try to avoid vacancies during those months.Diverse Neighborhoods: Indianapolis has varied sub-markets.
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17 January 2025 | 19 replies
They sound very knowledgeable and I am interested in jumping into the customized course they offer.
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22 January 2025 | 9 replies
I find it easier to know my market and various sub markets really well.
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26 January 2025 | 48 replies
@Jules AtonWe have started marketing to our guests as it is cheaper to keep a customer than to find a new one.
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27 January 2025 | 11 replies
I flipped two my first year and made a great profit $70,000+(2021), I had zero land deals the next year (2022) I had two deals fall thru, but used my knowledge and resources to get my family into a bigger/newer house ( using subject-to financing), sell my old house and payoff the sub-to mortgage and make $20,000 on top.
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27 January 2025 | 11 replies
I haven’t gotten bids yet (build is too far away), but I’m hoping to keep it under $300K by subbing out the work myself.I’m not a huge Dave Ramsey fan, but I do lean toward being conservative and avoiding too much debt.
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19 January 2025 | 9 replies
A customer of mine happened to be a local real estate investor and he owned the land next to my business.
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15 January 2025 | 8 replies
They’re requesting what feels like an unreasonable amount of information, and the demands keep escalating.So far, they’ve asked for:A video tour of my home officeCredit checks on me and my partnerCopies of the deeds for every property we ownA copy of my partner’s home lease and utility billsBusiness phone billsA signed letter from the bank verifying our accountsBank statementsHonestly, it feels more like qualifying for a loan than trying to become a customer.