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20 January 2025 | 57 replies
Knowledge is power, especially when it gives you different options.
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19 January 2025 | 47 replies
Quote from @Warren Powers: The problem I have with this is that I see no advantage for a successful property owner to participate.
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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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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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12 January 2025 | 185 replies
Lot's of power potential that can go horrifically wrong real fast mishandled.
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16 December 2024 | 2 replies
But the few requirements pale along side the power of using all of the profit and depreciation youve taken and use it to buy new investment real estate.
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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 | 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 | 3 replies
Some investors buy land in cash or with short-term financing, then refinance it later when they’re ready to build.Lastly, don’t underestimate the power of networking.
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31 December 2024 | 66 replies
It still leaves me enough power that if in 2 weeks they still haven't started I don't lose it all.