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22 August 2024 | 3 replies
If the tenant paid for utilities, then it would be up to them to continue to pay them.
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21 August 2024 | 0 replies
For investors, this means more opportunities in the tourism and hospitality sectors, as the demand for unique, authentic experiences continues to grow.Healthcare and Cultural AttractionsLet’s not forget about healthcare—another pillar of the local economy.
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23 August 2024 | 12 replies
Instead, it will continue to operate, but with reduced efficiency and output.
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22 August 2024 | 21 replies
The craziest part is I actually hit their proverbial “bar” and they continue to come up with excuses why it’s not a deal.
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21 August 2024 | 2 replies
Just because the seller says “as is” doesn’t mean you can’t ask for a price reduction to buy what is, as is. ...Continued: https://www.biggerpockets.com/blog/dealing-with-resolutions-...
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21 August 2024 | 6 replies
My wife has family that lives up here and we visit yearly and I continue noticing a lot of multi family homes in the area.
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22 August 2024 | 13 replies
I think there is tremendous potential to continue to invest and grow in this area!
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20 August 2024 | 1 reply
I continue to scratch my head watching investors from New York and Boston whenever I meet them at Foreclosure Auctions in Connecticut.
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20 August 2024 | 10 replies
I currently own 47 rental doors and want to continue to do the cash out BRRRR strategy.
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21 August 2024 | 3 replies
Reinvestment/Expansion (10-20% of Income)Rule of Thumb: Allocate 10-20% of your income towards reinvestment in your business or properties.Why: This fund can be used for purchasing new properties, business expansion, or other growth opportunities, ensuring continued business development.Summary Breakdown:Mortgage Payments: 25-30%Operating Expenses: 30-35%Emergency Fund: 5-10%Capital Expenditures: 10-15%Paying Yourself: 10-15%Reinvestment/Expansion: 10-20%Adjust these percentages based on your specific circumstances, risk tolerance, and business goals.