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22 January 2025 | 16 replies
In hot markets, some wholesalers and investors use 80-85% of ARV (minus repairs) instead of the typical 70% to stay competitive.A few tips:1.
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16 January 2025 | 1 reply
Assuming:40 hours: W2 job56 hours: Sleep21 hours: Basic daily tasks= 51 hours potential REI time💡 Pro Tip: It's not about finding time; it's about allocating the time you have strategically.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
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16 January 2025 | 4 replies
It'd be nice if I could receive help or tips from anyone (new or experienced).
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12 January 2025 | 28 replies
I created KBKG's Residential Cost Segregator software.
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13 January 2025 | 11 replies
Would you have any helpful tips on what I need to learn, know, expect in doing this in a new state.
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28 January 2025 | 27 replies
Quote from @Paul Lucenti: @Shawn Ackerman thanks Shawn - I'll add that into my numbers thanks for the tip.
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13 January 2025 | 9 replies
I have a LLC set up, and property management software ready to use.
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24 January 2025 | 16 replies
Welcome to the community and be ready for a huge amount of information at your finger tips.
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10 January 2025 | 3 replies
Any tips/tricks would be greatly appreciated. Â