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8 February 2025 | 1 reply
They all seem to have the same view which differs from mine.
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7 February 2025 | 2 replies
Your diligence can make all the difference in ensuring safe and successful investments.
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7 February 2025 | 2 replies
I started and did it differently.
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7 February 2025 | 5 replies
However, they approach financial health from different angles.The 50% Rule is a quick estimate that suggests operating expenses (excluding mortgage principal and interest) will roughly equal 50% of the property's gross income.The DSCR is a more precise calculation (Net Operating Income / Total Debt Service) that determines if a property generates enough income to cover its debt obligations.Deal example:- Class C middle class neighborhood- 4bd / 2ba single family house- ARV: 190k- Purchase: 105k- Rehab: 35k- Market rent: $1,400-1,525- Section 8: $1,475- Property manager: 10%- Taxes: 125 month- Insurance $1250 yr- HOA: $55 month- purchased and rehabbed with all cash.
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6 February 2025 | 4 replies
In fact there are quite a few sellers who will opt to go with a different buyer solely because they don't want to deal with the perceived headaches of a VA buyer underwriting process.
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26 January 2025 | 43 replies
You could probably just go buy a different investment property and achieve the same returns.
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23 January 2025 | 21 replies
I also think of property locations and property conditions having different classifications.
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1 February 2025 | 23 replies
build a multifamily property and continue that strategy. building is a different strategy that allows you to still enter hte market below value. this is what we build in columbus ohio for investors it's a 3 story walk up infill that's about 24x40 and 2 bedrooms 1 bath stacked 3 times. it's identical to like 65% of apartments that are built. you'd need probably 100-150k in proceeds.
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21 January 2025 | 16 replies
I joined the Alamo REIA and the REIA has different scheduled meetings throughout the month.
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31 January 2025 | 170 replies
They are different things but with seemingly lots of overlap.