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4 December 2024 | 32 replies
A full adult lifetime ahead.
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23 November 2024 | 3 replies
That is true for maybe 1 percent or less of the wholesalers who try it.When you are new and you ask for a wholesale mentor online, you are going to get every pitch, course, guru sell that there is.
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26 November 2024 | 11 replies
If you have limited funds, how are you going to flip the worst properties out there that cost the most and are the hardest to flip.I know social media makes it looks like no-money and low-money down investing is feasible, but probably 95 percent of the deals that are done like that are done by people with money because it's the leverage money gives them to make a deal like that to the benefit of the seller.Don't rush to get a third property that needs work on your ledger when your funds are already limited.
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22 November 2024 | 5 replies
So, to stick to your agreement you should pay them 3 percent of the sales price at closing.
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23 November 2024 | 10 replies
If I go by the 1% percent rule a home that cost 200k would have to gross 2k in rent, Homes I've seen typically rent for 1450 - 1550 max.
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23 November 2024 | 1 reply
5 percent down, standard 30 year loan How did you add value to the deal?
25 November 2024 | 14 replies
Also, achieving the 2 percent rule in my local market is near impossible but could be achievable elsewhere.Thoughts?
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24 November 2024 | 9 replies
Your total rent is $2,500 on a $500,000 purchase price which would be 1/2 percent rule.
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20 November 2024 | 1 reply
What I mean by that is that paying for leads that get sent to you just because you are paying for them is not smart scale right now, it costs too much for lukewarm.I was on Zillow Flex with my team of 50 for years and crushed it, but we had to kiss a lot of frogs at 35 percent referral fee.
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7 December 2024 | 150 replies
That really is dis-honest to me and I will pass on this once in a lifetime opportunity that I would be offered if I attended.