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13 December 2024 | 2 replies
But once established, it becomes a powerful tool for scaling your real estate investments while safeguarding personal finances.
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18 December 2024 | 23 replies
I learned about the power of leverage with real estate investments and now make 16k/month net after all expenses off rentals by doing a cash out refi on my primary residence to get me in the game.
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12 December 2024 | 2 replies
Here are the playersMe - OwnerOG Developer - Original Developer that improved property before I purchasedNew Developer - New Developer currently building a new subdivisionWater District - Own the vacant land that my sewer line runs acrossCity - Well, The cityTimeline:2007 - OG developer purchases large 1 acre lot with an existing house with the intent to subdivide and create a small PUD.2008 - Improvements are made (new street, sewerlines, storm, power, water) are brought into the subdivision.
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17 December 2024 | 17 replies
These softwares have a lot of functionality, but honestly there is a steep learning curve and the functionality is probably overkill for most rehabbers.FlipperForce - Web-based House Flipping Software built specifically for flipping & rehabbing houses w/ Estimating, Gantt Scheduling, Task Management & Budget ManagementGeneric Project Management SoftwaresThere are nearly an infinite amount of potential generic Project Management softwares available that provide powerful functionality for managing project schedules, tasks & documents.
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8 December 2024 | 10 replies
they will lose a ton of interest on 5.5% loan if we refi with someone else, but it would likely be 7% so its a lose-lose, they will lose our business and it could be in their favor to just drop the abusive term, ridiculous that a conventional loan doesn't let you keep the place after moving out. never saw that coming and this type of "pulling a fast one" is exactly why the other buyer who couldn't be present on closing specified that the power of attorney for signing closing documents was limited to exclude anything unnecessary.
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11 December 2024 | 6 replies
And don't underestimate the power of a strong first impression – a well-maintained exterior with a fresh paint job is key.Just remember, even with the best upgrades, color choices matter.
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6 December 2024 | 2 replies
Usually FSBO listings (but there are other techniques).
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8 December 2024 | 2 replies
Air conditioned air leaking to crawlspace making crawlspace heat or cold depending on season causing more power bill to tenants.
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6 December 2024 | 2 replies
Meaning, automatically turn on power when a tenant leaves...Or, is this to difficult with multiple power options.
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16 December 2024 | 7 replies
Mentorship starts with relationships, not strangers on the interwebs.Coach Carson is a very reliable resource for building a small, powerful portfolio.