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7 November 2018 | 12 replies
Go to every RE meetup you can in your area.
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11 November 2018 | 4 replies
Talk to as many people as you can in that niche and find a mentor who is already doing it.
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10 November 2018 | 13 replies
If one of you does not know how to keep criticism constructive, that's also going to make things rough (never call your spouse fat, ugly or stupid - anything else can be forgiven).
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7 November 2018 | 6 replies
Ask your agent to host all of the events that they can (in my area we do broker's opens for other agents) and ask for an open house or two every weekend until it sells.
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8 November 2018 | 4 replies
In some cases, homes are listed as sold for under 100K in neighborhoods where retail homes are going for 400-600k, and I'm wondering if someone just dropped a zero fat-fingering the numbers into county records or whatever other system Zillow/Trulia draws from.
8 November 2018 | 1 reply
For a year ot 2, save as much money as you can in the hopes of buying your first place quickly.
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12 November 2018 | 5 replies
I used a 15 year am for some unknown reason (fat thumbs maybe).
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17 November 2018 | 8 replies
Our plan is to soak what we can in a heavy duty cleaner and spray the rest and let it sit.
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23 November 2018 | 16 replies
Here are a couple examples that I've worked with.Example 1 - South End of Sewell - BRRR Duplex (2/1 & 2/1)Acquisition and Rehab was $200kARV: $240kIn the deal for $20kRent Roll : $2800 a month(1400 a unit)Mortgage: $1400 a month (200k @ 7 %)Taxes: $516 a monthInsurance: $100 a monthLicences/Sewer/Gas: $20 a monthVac/Capex/Repair: $316 a month (that's a lot but lets be safe)Cash Flow: $448 + you have 40k in equity and a fat safety net each month due to an accrual rate of $316 a monthExample 2 - Lindenwold SFH - BRRR 4/2Acquisition and Rehab was $110kARV: $140kIn the deal for $5kRent Roll : $1700 a monthMortgage: $700 a month (105k @ 7 %)Taxes: $441 a monthInsurance: $90 a monthLicences/Sewer: $15 a monthVac/Capex/Repair: $200 a month (that's a lot but lets be safe)Cash Flow: $254 + you have 35k in equity and a fat safety net each month due to an accrual rate of $200 a monthThe Sewell usually has ideal tenants and very little headaches.
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20 November 2018 | 2 replies
You can, in a limited fashion, administer investments on behalf of the IRA, but may not do so for your own personal benefit or the benefit of lineal family.There is lots of good info here in the BP forums on the topic, and several providers who actively contribute.