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23 November 2024 | 0 replies
The opportunity to create value in a high-demand market, combination of strategic location, strong buyer demand, and limited inventory makes it a compelling investmentStrengths.- Strategic Location: Close to major commuter routes (I-495, US-29) and public transit (Metro).High Demand: Inventory in Silver Spring remains tight, driving competitive offers for move-in-ready properties.Diverse Market: A mix of young professionals and families ensures a broad buyer pool.
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25 November 2024 | 7 replies
Any recommendation is highly appreciated.
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25 November 2024 | 6 replies
It often might take asking why 5 times to get to the root why.Also, I notice that often that why shifts...for me in the beginning, money was important because I thought it gave me power, and growing up I was pretty insecure due to a lot of high schooling bullying...come to find out the power does NOT COME FROM MONEY, but rather from within after identity who you want to become and don't let your past define you.
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26 November 2024 | 2 replies
Read books, listen to podcasts, and consult with experienced investors who can guide you through the process.Analyze the MarketLook for areas where multifamily properties are available at reasonable prices and where rental demand is high.
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25 November 2024 | 22 replies
You keep all the expenses with questions (and their answers) here for the whole year so that at the end of the year when you're like, "why was landscaping so dang high for this property?"
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26 November 2024 | 31 replies
@Chad Verdesorry if this comes off as negative / discouraging but rates are high so this is likely what i call expensive money.now on the other hand, if you can do a cash out refinance, pull cash out, still cash flow, AND you have a specific opportunity - fine.
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25 November 2024 | 14 replies
. $480,000 sales price, and all 8 units are rented out at $750 but could easily be raised to high 800's or even low 900's.
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26 November 2024 | 46 replies
I think most of those are included within the high influx of newbies that roll through who are not serious.
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24 November 2024 | 8 replies
And when a rising tide is lifting all boats, groups that amplified their results by using risky high leverage could score some massive returns until the music stopped, then will subsequently struggle to keep the rest of their portfolio out of foreclosure.
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26 November 2024 | 9 replies
Paint has become quite expensive and costs can certainly run that high.