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25 January 2025 | 155 replies
This my friends on BP is just the reality of Real Estate you have two basic methods One mom and pop keep their day jobs and start buying long term hold rentals as they can afford them and if they like it they keep at it..Two you jump in the game and try to make money transactionally IE RE Broker Flipper Wholesaler MLO leasing agent etc etc.. this also is a long term ramp.. what the Guru programs attract generally speaking is those that get excited think they can somehow buy a program ( any program pick one) and its going to jump start them to this mythical financial freedom everyone talks about..
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10 January 2025 | 20 replies
We'd all love to do deals at 40% DTI with 5% down all day long, but that's just not reality.
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30 December 2024 | 1 reply
In reality this strategy still works, but we are having to leave more of our own money in the deal because prices are high and/or rent won’t justify maxing the cash out refinance because interest rate is high.
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12 January 2025 | 54 replies
That reality be made to conform to them.
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7 January 2025 | 19 replies
., perception is reality!
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31 December 2024 | 8 replies
It's not fraud or anything because you are, in fact and in reality, converting it into something that is not a bathroom and doesn't require any permits.
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9 January 2025 | 44 replies
One thing I can assure you, there isn't an asset class in the world that would have me comfortable at 100% leverage.Your money on the sidelines is great in principal but in reality it will be put to work covering the net loss on the properties you buy as you will be overleveraged and won't be able to cover your operating expenses with the rent.
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12 January 2025 | 23 replies
It's not a coincidence that we have the "1%", 1 out of 100 can make something happen and the other 99 work for that one.The reality is that the average person isn't that bright, yeah, I said it.
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7 January 2025 | 9 replies
The reality is the opposite - if it's not in writing then the PMC doesn't have to provide the service or can charge extra for it!
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30 December 2024 | 6 replies
I feel like that sounds simple but in reality would hold up the leasing process for tenants that are not proactive.