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24 January 2025 | 8 replies
Was able to get a meeting with the seller and negotiated using evolving knowledge of construction and deal analysis in addition to discovering seller motivation through direct contact.
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29 January 2025 | 2 replies
That means 500 calls a day finding motivated discount sellers.Probably other positions too, but that's a start.Are you getting any good finds on the house hack?
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20 January 2025 | 7 replies
Self managing should be easy, if not then that Realtor can probably help you with the rental side of it.
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8 February 2025 | 49 replies
BRRR worked great pre COVID but only really cash flows now in high crime areas.
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5 February 2025 | 3 replies
Capacity and Tolerance. 1) Capacity: how many people can you comfortably fit in the property, is there room to add more, or add more value to the tenants to increase rent.2) Tolerance: How many people are you comfortable living with, if there are vacancies are you able to handle that.House hacking is an amazing path to homeownership, and a nice low barrier to entry into self managing your properties.
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17 January 2025 | 24 replies
JP Ruiz: Knows more about 401ks than anyone I’ve ever met…crazy smart, articulate, highly inappropriate sense of humor.
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29 January 2025 | 4 replies
Here's a list of non-recourse lenders: https://www.biggerpockets.com/member-blogs/2810/50272-list-of-non-recourse-lenders-for-self-directged-ira-and-401k
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12 February 2025 | 6 replies
Before moving out, test different strategies, automate management (smart locks, cameras, cleaning services), and decide whether to self-manage or hire a property manager.
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4 February 2025 | 4 replies
I currently self manage so I don't have systems/team.
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6 February 2025 | 8 replies
A good ballpark is $1,000–$2,500 per unit, but this depends heavily on how extensive the turnover is and whether you’re self-managing or hiring contractors.If you’re looking for more precision, connecting with local property managers or contractors can provide insight into typical costs for properties like yours in the area.