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12 January 2025 | 6 replies
A Heloc is an open end mortgage same as a credit card the only benefit is that you only pay on the amount you borrow.
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21 January 2025 | 9 replies
@Jordan Meltzer unless you find a screaming deal - a Class A property won't cashflow for 3-5 years.Class B: 1-3 years.Class C: most investors don't properly understand the risks, so should stay away from them.So, you may need to deal with negative cashflow, but plan on appreciation increasing your wealth.
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9 January 2025 | 5 replies
It can be personally designed post cards or it can be letters.
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13 January 2025 | 1 reply
But, know what you want to accomplish beforehand.Creative Finance is a great way to buy properties when done properly and lawfully.
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20 January 2025 | 2 replies
Take ownership of your mistake and learn to do the proper due diligence recommended above😊
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1 January 2025 | 1 reply
Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".
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13 February 2025 | 95 replies
Bring business cards that at least have your name, address, phone, and email.
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21 January 2025 | 14 replies
We don't pay vendors by credit card or cashapp because it is far too hard to keep the accounting straight with a high volume of transactions to do that.
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14 January 2025 | 7 replies
If the tenants don't care for the pool properly, it could cost you thousands to fix.
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27 January 2025 | 12 replies
that we’ve learned in our 24 years, managing almost 700 doors across the Metro Detroit area, including almost 100 S8 leases:Class A Properties:Cashflow vs Appreciation: Typically, 3-5 years for positive cashflow, but you get highest relative rent & value appreciation.Vacancy Est: Historically 10%, 5% the more recent norm.Tenant Pool: Majority will have FICO scores of 680+ (roughly 5% probability of default), zero evictions in last 7 years.Class B Properties:Cashflow vs Appreciation: Typically, decent amount of relative rent & value appreciation.Vacancy Est: Historically 10%, 5% should be applied only if proper research done to support.Tenant Pool: Majority will have FICO scores of 620-680 (around 10% probability of default), some blemishes, but should have no evictions in last 5 yearsClass C Properties:Cashflow vs Appreciation: Typically, high cashflow and at the lower end of relative rent & value appreciation.