12 January 2025 | 10 replies
I completely agree with @Ashish Acharya's points about the cost-effectiveness of a HELOC and the potential credit implications if it’s secured by your primary residence.
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4 February 2025 | 5 replies
Investing in 2-4 unit properties within the Dallas-Fort Worth metroplex would be ideal but I am also interested in other potential deals, that fall within the 2-4 unit range.
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5 February 2025 | 1 reply
After staging, it was sold to a retail buyer for a strong profit, demonstrating the potential for significant returns by buying from motivated sellers, renovating strategically, and selling at retail.
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28 January 2025 | 6 replies
Because you're new, it is a good idea to ask about the brokerage's agent training offerings and potential teams to join to get experience.
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31 January 2025 | 6 replies
Any potential leads would be appreciated.
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5 February 2025 | 0 replies
-Transfer the property into an LLC – This may allow me to take ownership while potentially avoiding property tax reassessment, however this sounds like an involved process-Establish a living trust for my aunt and mother – The trust would specify that I inherit the property upon their passing and provide step up in cost basis but i'm worried that the living trust can be modified to have me removed (who knows what can happen) - My mother is somewhat volatile.I would like to live in the property and my mother will live in her second property with her husband.
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9 February 2025 | 29 replies
Airbnb operates as an interest-based algorithm, rewarding listings that grab attention and keep potential guests clicking.
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5 February 2025 | 56 replies
@Diana Teng there are a LOT of potential pitfalls:(So, it's vitaly important to not just find someone that you think you can trust because they tell you what you want to hear, but you find someone that their processes seem a good fit for what you want.EXAMPLE: we do BRRR Turnkeys for clients and take numerous vides we share with them - initial, worst state of any demo, when HVAC, plumbing, electrical update BEFORE walled in, before any major payouts and of course a final walk-thru video.One thing that's accurate from all the HGTV renovation/flip shows is that you should expect and plan for surprises!
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26 January 2025 | 11 replies
Ensure you collect a proper security deposit (typically one month's rent in Florida) to cover potential damages.Your plan to increase rent next year makes sense given rising costs (taxes, insurance, and maintenance).
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3 February 2025 | 8 replies
OP I think you’re in a great geographic spot and potential REI strategy potential.1.