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12 February 2025 | 0 replies
But I would rather rent it out so it could be our first/foundational rental property and we can continue to grow our portfolio.We've been looking to rent for a while now but with the local rent pricing it is just as expensive/affordable to purchase your own condo than to rent.
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29 January 2025 | 5 replies
As for offering subject-to financing, this is something that can be advertised under 'seller financing' in our local MLS, and there's investors that search specifically for listings with that marked, so that should introduce your property to a new set of buyers that may not have considered it before.
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12 February 2025 | 9 replies
Try networking locally with HML's who know the market.
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11 February 2025 | 29 replies
But perhaps you would be better served helping a local experienced investor find deals and ask them to show you exactly how they analyze deals, what's good vs bad, how do they finance (debt vs equity) etc etc and understand their business model that has a proven track record by providing value to them.
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6 February 2025 | 1 reply
Since you're in Destin, you might want to check with local firms that have experience with STR-heavy communities, as they’ll be familiar with the risks and requirements.
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2 February 2025 | 4 replies
Your financial background is a huge asset, and it’s great that you’re starting locally in Milwaukee while keeping an eye on future expansion.If you’re looking to connect with like-minded investors, the Rental Property Association of Wisconsin is a fantastic resource for networking with rental portfolio owners, accessing legal resources, and finding contractors. https://www.aasew.org/For mentors, funding sources, and flippers, the Milwaukee REIA is another great group to explore. https://www.milwaukeereia.com/I’m a member of both and find unique value in each—maybe we’ll cross paths at a future meeting!
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29 January 2025 | 19 replies
You could also explore a jv partnership with a local investor.
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30 January 2025 | 3 replies
I would visit local meetups for real estate investing, and also network with agents in your area that work with a lot of investors.
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3 February 2025 | 15 replies
I strongly recommend getting involved with your local REI meetup groups so you can work out your pitch with help from other landlords.I hope this doesn't come off the wrong way without tone or facial expressions behind it.
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27 January 2025 | 15 replies
As U.S. citizens residing in Europe, we are required by the local tax code to hold the property in our personal name.