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18 January 2025 | 3 replies
What would be the best answer for this question below?
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22 January 2025 | 12 replies
I really wanted to convert the residence to a rental property, but everything I have heard about doing so in Cook County has been very concerning.
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24 January 2025 | 16 replies
Welcome to BiggerPockets Daniel and best of luck investing!
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5 February 2025 | 5 replies
I think that's one of the reasons that I didn't post very much on BIggerPockets, it's because I was just trying to keep my head above water.But now it's 2025 and things are stabilizing and I have a much more positive outlook on the future.Let me know if any of you had a couple of difficult years recently and how you were able to turn it around if you did.
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26 January 2025 | 5 replies
It's completely legal, very simple but powerful.
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19 January 2025 | 46 replies
All the best
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27 January 2025 | 3 replies
Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.
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31 January 2025 | 170 replies
Udemy LinkI wish all the best for those investing real money based on course reviews.
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23 January 2025 | 26 replies
Real Estate is always the best investment.
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30 January 2025 | 2 replies
Very exciting you are looking to get into the RE investing world.Thanks for the interest in Rent To Retirement.