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5 June 2024 | 29 replies
Not sustainable except for the top 10-15% of Americans.
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4 June 2024 | 1 reply
The reason for the lengthy time is he has given me the impression he relies on this income to sustain he and his wife.
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3 June 2024 | 2 replies
Twin Falls CountyAverage Purchase Price: $360,000Average Rental Price (3-bed home): $1,600/monthKey Highlights:Twin Falls city is known for its agricultural base and growing commercial sector.New businesses and developments attracting residents.Affordable housing market with room for growth.Investment TipsResearch Local Markets: Understand local trends, employment opportunities, and population growth to identify the best neighborhoods within these counties.Property Types: Consider what type of property (single-family homes, apartments, etc.) would yield the best returns.Rental Market: Evaluate the rental market dynamics to ensure consistent demand for rental properties.Long-Term Trends: Look for counties with long-term economic and population growth to ensure sustained property value appreciation.Investing in these Idaho counties offers a blend of affordability, growth potential, and rental demand, making them attractive options for real estate investors.For more information about Kootenai county please reach out.
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3 June 2024 | 5 replies
One of our team members who lives in Michigan has agreed to take on the cleaning/turnover themselves, but we know this isn't a sustainable business model.For those of you in the area doing AirBNB/VRBO, how are you managing turnover?
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6 June 2024 | 71 replies
Tripping over dollars to pick up pennies...Building a sustainable and scalable real estate portfolio should be about elevating and delegating and not doing the work yourself.Otherwise what's the point of investing in the first place?
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5 June 2024 | 116 replies
Completely agree that in many markets the property does not cash flow without higher down payment (hence the topic of this discussion) and that attempting to sustain and scale a cash flow negative investment is inviting disaster.Last, I think most of us know that stocks beat unlevered real estate in the long run.But, sometimes the long run isn’t a math game.
1 June 2024 | 12 replies
Is that something you can collect on yourself if need be for any losses you sustained because of this.
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31 May 2024 | 16 replies
Prices are still going up but demand is now dropping substantially because, without the foreigners' money pouring in, it's likely not sustainable and demand is dropping strongly at the moment.
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30 May 2024 | 2 replies
Currently, I'm only offered 27 hours of work per week at an average/below-average pay rate, which isn't nearly enough to save for a down payment or qualify for a loan.I've tried selling belongings to generate extra income, but it's not sustainable in the long run.
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29 May 2024 | 13 replies
The 5% Fannie Mae conventional product for 2-4 is great and do you have to worry about the self sustainability test like you would on FHA.