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19 April 2015 | 4 replies
I would rather pay others to be up to date on any regulations and issues in the RE world here, and then have them share with me as I need the info, then to have to spend countless hours researching myself and taking me away from the business.I think every investor has to evaluate their goals and based on what they plan on doing, will help determine whether to get a license or not, also their state will help determine that as well, some states are very easy and others are not when it comes to licensing.
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5 July 2015 | 16 replies
Ask yourself, why would an agent work countless hours, use his/her own resources (especially car and gas), be on constant call, only not to get paid a cent?
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10 January 2017 | 4 replies
After countless hours of searching through MLS, driving for dollars, meeting with agents, going to department of planning; I'm fully realizing this is hard work and I have a lot of respect for those that have succeeded before me and for those in the trenches with me (fight on!).
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29 September 2019 | 7 replies
Since that time I have participated in countless training, Masterclass, Expert, and 1 on 1 sessions with short term rental experts as well as the LuxHomePro team.
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3 March 2014 | 20 replies
Trust me I've been to countless ones where they will up-sell an even greater "must have to succeed in real estate" type of product which will usually run in the tens of thousands of dollars.Hope my input is beneficial, and saves you a few thousand that you should be using for marketing to sellers, or something else that will be utilized effectively.
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14 March 2018 | 23 replies
There's countless people I've talked to who thought about going into real estate but never did.
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1 December 2016 | 6 replies
The seller had owned it since 1949. 4 Units 1BR/1 bath each (these are true 1BR units, not walk-through or "shotgun" style)3 units currently rented at $525, $525, and $550/month1 vacant unit that's turnkey and we have listed for $550/monthThere is a detached garage that should rent for at least $50/month.Gross income = $2200/month, $26,400 annually. 1% rule = 1.19Sales price: $179,900Seller put $3,000 toward closing costs and credited us $4,000 for a handful of minor repairs that came up during the inspection. 30-year fixed rate mortgage at 4.25% with 25% down ($664/month)2016 Taxes: $2,009Insurance: $983/yearTotal PITI: $913ExpensesWater, Sewer, Trash: $218/monthVacancy & Credit Loss: 5%Property Management: 10%Maintenance & Repairs: 15%Total Expenses (w/out P&I): $1127 (52%)$2200-1127 = $1073 - $664 (P&I) = $409 cash flow/monthCash out of pocket (inspection, down payment, closing costs): $45,981Estimated cash-on-cash return: 10.67%This isn't a screaming deal by any means, but it's a solid base hit that gets us "in the game". Rents
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20 April 2019 | 1 reply
I've done the research, read countless BP posts from some very insightful individuals and have swallowed most of my fears.
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24 August 2017 | 12 replies
Money spans countless aspects of life and real estate.
14 June 2020 | 11 replies
I’ve watched countless videos and read many articles about real estate and analyzing deals.