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20 January 2025 | 11 replies
Perhaps if your partner was a general contractor or handyman type there may be some merit there to reduce costs / increase profitability.If your partner enjoys deal sourcing, a better move might be for him to become an agent - so he could legally collect commissions from finding deals and managing properties for multiple people.
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16 February 2025 | 7 replies
•This additional income can help offset costs and increase your total reported income for future pre-approvals.5.
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13 February 2025 | 2 replies
However, it’s important to ensure the seller is comfortable with the terms and that the property cash flow can support the agreed-upon monthly payments.Seller financing can be a good strategy to grow your portfolio with less initial capital, especially if you're able to increase the property's value through improvements (forcing appreciation).
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18 February 2025 | 7 replies
In case you missed it, Detroit' Mayor Duggan announced that the value of houses in the city increased 23% in 2024.In the last 7 years, Detroit housing is up over 300%!
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18 February 2025 | 3 replies
Until this happens, the REI is on the negative side, and NCF just increases the amount of Cash needed to recover, and if the NCF continues, that recover will NEVER happen.
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12 February 2025 | 9 replies
Meanwhile, the more partnership-heavy investors often experience setbacks but use the leverage of partnerships to rebound.To me, partnerships increase both risk and reward.
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21 February 2025 | 7 replies
With high SMS deliverability, automation, and easy CRM integration, it saves time and increases conversions.
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3 February 2025 | 11 replies
The longer term loans would have lowered your monthly payments and decreased the costs.As for rent, each year you need to look at rents in the area to decide how much you will be increasing the rent by.
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18 February 2025 | 35 replies
It was a wild time for subject to transactions while interest rates were increasing, property values were increasing, and lenders were stuck and could not call loans due when a property was sold or transferred.
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12 February 2025 | 3 replies
Of course there could be some other local businesses that might would want to use or share a couple of the offices that would possibly increase revenue.