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16 January 2025 | 4 replies
The property was purchased in 2021 for 1.1 million, was appraised in the summer of 2024 for 2.2 million, and reports from online appraisal websites say it could currently be around 3 million.
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7 February 2025 | 13 replies
I started reading online about normal wholesaling (not virtual).
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15 January 2025 | 8 replies
Is it public record that I can find online?
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15 January 2025 | 9 replies
Take time to learn through military-focused resources like Military House Hacking or Active Duty Passive Income, and connect with other military investors online or on base.
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16 January 2025 | 3 replies
Join local real estate groups, attend seminars, and participate in online forums like BiggerPockets to connect with other investors, lenders, and professionals in the field.## Additional Resources- Check out the BiggerPockets podcasts and webinars for more insights on these strategies.- Read books like "What Every Real Estate Investor Needs to Know About Cash Flow" by Frank Gallinelli to deepen your understanding of real estate investing.- Use local real estate agents who are familiar with investment properties to help you find the right deals.You're taking the right steps by seeking knowledge and networking.
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24 January 2025 | 36 replies
Mine was also out of state, in a town I’d never visited, and I relied heavily on videos from my agent.This sounds like a tough first deal, but it seems like you have some capital on the side, which will be useful as you face the upcoming challenges and learn from those expensive early mistakes.Regarding the subject of this post, “help me adjust my expectations,” I’d recommend assuming that; repairs will cost twice as much as you estimate, maintenance and vacancy rates will likely double from your initial projections, there’s a very real chance you may lose money on this deal.That said, there are ways to mitigate these risks by:- Keep asking questions here on BP and connecting with local experts- Stay proactive and communicative with your agent and property manager.And remember “Inspect what you expect.”Im not trying to discourage you but to help reset your expectations.
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8 January 2025 | 33 replies
Your personal history with GSE's is notified across all GSE loans, they communicate.
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6 January 2025 | 2 replies
I’ve also learned the hard way that good communication with your team and third parties is just as important as organization.
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18 January 2025 | 16 replies
We are in Tampa so a similar market.We provide a starter set which is clearly communicated to guests (thought some people do not like it and clearly do not read which you cannot help) generally consisting of:- 2 Laundry Pods- 2 Dishwasher pods- 2 Rolls of Toilet Paper per bathroom- 2 Paper Towel Rolls- 2 Trashbags- All soaps are refillable including dish soap, hand soap, and body washes/shampoos.They are expected to get their own should they run out of anything.
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2 February 2025 | 10 replies
First Solar has been developing most of the projects there, about 500MW, worth over $500M, so far with more coming on line soon.