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12 December 2024 | 6 replies
Attending local meetups, analyzing deals regularly, and continuing education would position you for long-term growth.Good luck!
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30 December 2024 | 819 replies
I do get regular emails from their group - but the ROI on most properties that they have sent recently has bene around 8-10%, not the 'at least 12%' that CM promises in his videos.
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11 December 2024 | 5 replies
Homes that get more winter weather need a different level of upkeep, but nothing more than a regular home needs that is built for their specific area.
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10 December 2024 | 7 replies
We work with investors regularly.
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8 December 2024 | 12 replies
S8 rent is much higher than the regular rent and helps cash flow a lot on numbers.
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3 December 2024 | 21 replies
I will also be tracking expenses related to repairs, maintenance, travel to and from NV, hotel stays, meals, gas, and other regular business costs.In the long term, I aim to purchase additional properties under the business name, but I understand I need to establish at least two years of income and credit history before doing so.The issue I’m encountering is that my accountant has not provided any guidance on how to structure this scenario.
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24 December 2024 | 44 replies
I enjoy the guaranteed rent and higher rents than most regular properties with a "normal" tenant.
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15 December 2024 | 38 replies
From there I’ll make regular calls to let them know which properties I have available.
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9 December 2024 | 4 replies
I also find that depending on the tenant, my one Airbnb property has less wear and tear because it's constantly cleaned and maintained versus my other rentals where the families living there settle in and accumulate stuff - which makes it hard to deep clean regularly (to my liking) as well as just the constant daily wear and tear from kids etc.
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29 January 2025 | 107 replies
Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏