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4 October 2024 | 3 replies
With time as your main deployable resource right now though, take that time to learn as much as you can until you find a path that sounds both realistically achievable with your current resources, as well as something that sounds interesting to you.I'm always happy to connect with other investor folks around the Twin Cities, so feel free to shoot me a message on here if you want to chat directly!
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4 October 2024 | 5 replies
Check the in person events and meetups in your local area, our online community is full of knowledge and folks willing to share and still nothing replaces the opportunity to interact IRL, you never know who you will meet and where that can take you on your REI journey.
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1 October 2024 | 24 replies
It may sound nice to pay a 5% management fee but the extra fees can add up to be more than the other company that charges 10% with no add-on fees.
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4 October 2024 | 8 replies
A plain STR stay agreement is going to be a problem for 30+ day stays. 30 days means tenant rights kick in in most municipalities and you don't want a squatter that will take a year to remove.Some folks on BP have been able to mix and match MTR with STR.
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3 October 2024 | 6 replies
Do a cost analysis of how many months extra you can have until you break even.
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1 October 2024 | 8 replies
You will start learnings things by just associating yourself with folks that are active because you'll be privy to their conversations, connections, lingo, etc.
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3 October 2024 | 1 reply
Make more money, buy more buildings, and repeat.These folks have compounded their wealth significantly faster than their W2 counterparts since they don't lose 30-50% to taxes each year.
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2 October 2024 | 13 replies
As that will at least help folks that you reach out to know that you are a real person, with a picture and professional bio.
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4 October 2024 | 8 replies
Will they allow you to advertise “standard cleaning included…” So you can still charge when there’s a need for “extra cleaning”?
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4 October 2024 | 17 replies
It seems like his day job is managing construction projects (for which LP's contributed money to pay his company to do), so why do they need an extra fee for this?