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24 January 2025 | 9 replies
Try being an agent, your phone number is EVERYWHERE and you get targeted by a whole industry that wants to sell you the latest gimmick.Here is what helped me.I answer calls and when it's a telemarketer I will interrupt them and say very friendly (because I don't hate the poor person who gets paid to do this and coached to be ruthless): Hey, so glad you called, can you do me a big favor?
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20 January 2025 | 31 replies
While less than 10% of the mortgage industry offers 40-year mortgages, here's something to factor in: they often come in with a rate increase of 20-35 bps.Assume 35 bps.$300k mortgage at 7.25% (30-year): $2,046$300k mortgage at 7.6% (40-year): $1,996Technically, it lowers the monthly, but not by much once factoring in the rate adjustment.
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24 January 2025 | 8 replies
Hope is the industry gets some relief soon and I can revisit some options to further improve asset revenue through amenities and/or roll into a better rate a lower principle.
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15 January 2025 | 5 replies
. - Property type (single-family homes, duplexes, or small multifamily)- Min/max square footage or number of bedrooms and bathrooms- Desired cash flow or ROI metrics to ensure profitability- Property Condition (turnkey, light cosmetic fixes, or heavy rehab)- Neighborhood type (A/B-class areas for appreciation vs.
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25 January 2025 | 9 replies
Sadly, this price-gouging behavior has become the unfortunate new norm in the insurance industry.
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12 February 2025 | 15 replies
Perhaps the East Asian hospitality industry provides full refunds no questions asked.
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28 January 2025 | 13 replies
You will lose one of the best benefits of the real estate industry, appreciation.
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15 January 2025 | 14 replies
In my market you can do a cosmetic rehab: new kitchen, floors, new bath, recessed lighting, taking down some ways, screwing down floors, new paint, baseboards, trims, casing.
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19 January 2025 | 11 replies
I've owned long term, short term and commercial (industrial) properties in the past, but never anything out of Province/State.Thanks so much!
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20 January 2025 | 6 replies
Coaching or mentorship in real estate investing can allow you to collapse time and "skip to the front of the line" by leveraging the experience and knowledge of those who have already achieved success in the industry.