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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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12 January 2025 | 6 replies
To ensure you’re acting ethically:Full Transparency: Be upfront about your intentions and ensure the organization has all the information it needs to make an informed decision.Fair Value: Offer a price based on fair market value or justify any discount with clear benefits (e.g., taking on deferred maintenance or providing a quick, hassle-free transaction).Win-Win Mindset: Emphasize how the sale could help the organization, such as freeing up funds for its mission or relieving the burden of maintaining a distressed property.4.
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15 February 2025 | 77 replies
I am 100% writing this post assuming that the intent of the article was to pay off your home quicker and "save" interest on primary residence.
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9 January 2025 | 46 replies
I will assume positive intent here that this is not the experience you intend for your customers.
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2 January 2025 | 8 replies
Currently, we are targeting multifamily properties of 100+ units, and have been actively engaging with various owners and brokers, submitting Letters of Intent (LOIs) and working to secure deals.While some may consider our approach bold for new investors, we are confident that, with the right team and expertise, we can succeed in achieving our objectives.I’m excited to be part of this community and look forward to learning from your collective experience.
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4 January 2025 | 7 replies
He left his belongings inside and later texted his intent to pick up his stuff.
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29 January 2025 | 68 replies
Eventually, the community begins a downward spiral, and becomes an opportunity in the eyes of a redeveloper intent on maximizing the value of that parcel.
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6 January 2025 | 38 replies
Despenas LLC aka SDIRA Wealth aka Modern Day Living Real Estate LLC are all scam companies that inflate housing prices in the neighborhood only to sell eviction-prone extremely damaged homes with no intent to perform the agreed-upon inspection repairs and send you through multiple corporate hoops after purchase only to completely ignore you immediately after the sale.
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21 January 2025 | 59 replies
I intentionally minimize my cash flow (try to maintain high LTV, use accelerated depreciation to our advantage, etc) because it gets taxed annually.
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9 February 2025 | 173 replies
As for Turnkey, the bad reputation was earned over the years by companies that used the word to attract investors with no intention of actually helping them be successful.