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4 February 2025 | 87 replies
About 90% of my coaching students bought properties and increased their net worth on average of $100,000 the year we worked together.
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7 February 2025 | 6 replies
Our monthly mortgage payment would increase, but we would still break even.Both of our car loans have an interest rate of 4.5%.
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5 February 2025 | 16 replies
From the commercial side you have more ability to force appreciation by increasing the NOI.
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5 February 2025 | 4 replies
Consider creating blogs, social media posts, or short videos on:•How to handle late-paying tenants•What to do if a tenant damages your property•Best practices for tenant screening•How to legally increase rent without losing tenants•By answering common landlord headaches, you’ll attract leads who already see you as a trusted expert.4.Market to Investors•Many property investors want a one-stop shop—someone who can help them buy, manage, and eventually sell their rental properties.
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18 January 2025 | 10 replies
Keep in mind, adding "cute", and upgrading things won't increase your rent or ARV past what the market in that area will tell you is the max.
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29 January 2025 | 6 replies
But if you put in the effort, Detroit can be incredibly rewarding.Over the last several years, the city has been on a steady upswing: population growth, major corporate investments, and increasing demand for housing are all positive indicators.
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23 January 2025 | 11 replies
Real estate has always been in the back of my mind as a way to increase our wealth and provide for our family.
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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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30 January 2025 | 2 replies
We also have many unique buyer incentives where an investor can get up to a 10% price reduction to come into immediate equity, or get that 10% as a cash back at closing to reduce your down payment and increase your ROI, or buy rates down into the low 4s on 30yr loans to maximize cash flow.
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31 January 2025 | 8 replies
As long the tenants pay the rent each month, increasing their rent will be very tough and getting them to leave will be extremely tough.