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31 August 2014 | 15 replies
I just like to think outside the box and when I saw that video, I thought that it might be helpful in preserving some things that are easily destroyed in rental properties - like hardwood floors.
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21 December 2019 | 6 replies
I think it's a pretty good benchmark if you are going for a standard cost of living and aiming for wealth preservation and reasonable value in your investments.Some people take that opportunity to go more passive.
10 January 2017 | 0 replies
Hello Everyone, I've been doing property preservation for while now and looking to move up.
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27 January 2017 | 5 replies
Why don't you just put a loan on your rental buy and preserve the bulk of your cash for your flips?
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19 February 2024 | 44 replies
I'd look at markets where you can not only build but you can build with enough equity to BRRRR out of the property and preserve cash. new construction is just one strategy. in columbus there are about 12 submarkets that you can do this in. we define them by their school districts. some you can build and get 40%+ equity like hocking county which is a vacation rental market for airbnb. some 500 square foot cabins are going for $350k there it is absolutely insane. chart below shows it all. this is for columbus ohio submarket analysis.
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16 April 2020 | 52 replies
Assuming you buy 5 a year for the next 4 or 5 years and then ramp up to say 10 a year after that and you're very aggressive in preserving your capital and paying down your mortgages.If you could get to 60 houses in 8 years that have a gross profit (rent minus PITI) of 400/mo or more, you should be able to hit 400k a year in 25 years.....And even if you don't, you should still have an incredible amount of cash flow of equity in those 60 homes.I know, for myself, there's no way I would have ever been able to save up enough in my 401k to be worth a million dollars or to have a really good post-retirement income.
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6 August 2017 | 167 replies
I still do buy and hold, but I do it in a way that preserves my $40k or more profit upfront regardless of the economy.
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2 October 2018 | 2 replies
I currently hold a note on a property in norfolk virginia that is in foreclosure and vacant and looking to get a property manager or contractor / rehab specialist over there to do property preservation and clean up the property.
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6 February 2015 | 14 replies
He might just get his satisfaction from being able to tell people he owns a rental condo. even if it isn't the best investment at the moment.I ran into one of these guys once and he had already been under the water once and was gasping for air and was going down for the second time but he refused the life preservers being thrown to him.
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19 November 2014 | 6 replies
We are investing for the future so while cash flow is important it is more important that appreciation out paces inflation preserving our cash flow.