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28 December 2024 | 23 replies
It's such a broad question that it's hard to answer.My original intent was financial freedom for my family.
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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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22 December 2024 | 4 replies
I currently live in Southern Maine and am looking to construct some kind of new project rather getting into rehabbing existing residentialProposed Land Budget 100-200kConstruction Budget: 400kAll in 500-600k.I have found that if I do the site work myself including clearing, septic and digging the foundation is that i can sub contract out either steel or a Lester style building (50x150) for around 300k installed with insulation and power , divided into three 2500 square foot units.
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20 December 2024 | 10 replies
I am hoping that by joining Bigger Pockets, I will meet many like minded individuals seeking financial freedom, for rental cashflow.
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18 December 2024 | 15 replies
I created the following decision tree diagram to illustrate the decision process (click to enlarge).The above decision process is based on the property’s performance record, with the goal of achieving financial freedom in mind.Financial freedom is not just replacing your current income.
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21 December 2024 | 2 replies
Separate HVAC systems are a good idea too—makes things easier for tenants and utility billing.I’d also recommend talking to a contractor or local utility company about what’s needed for separate power meters and mailboxes.
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24 December 2024 | 4 replies
Finding it through your Facebook sphere shows the power of networking, and keeping the rehab cosmetic was a smart way to minimize risk and maximize profit.One thought: Have you factored in holding costs, loan interest, and potential market fluctuations during the 45 days?
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23 December 2024 | 1 reply
I may not have resources today, but I bring something just as powerful: the willingness to outwork, outlearn, and outlast anyone else in the room.Here’s what I’m focused on:✅ Learning from experienced investors.✅ Building strong relationships and partnerships.✅ Exploring creative ways to get deals done, even without a ton of upfront capital.I know that success in real estate is a team sport.
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21 December 2024 | 1 reply
Shadow Ln exemplifies the power of efficient teamwork and strategic market execution.