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9 June 2016 | 15 replies
Hanbin,When something is turnkey, the value has already been extracted by the provider in general.
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3 November 2018 | 12 replies
I feel the only way to success would really be to devote oneself to the altruistic intent of the Opportunity Zones program by making meaningful connections to the community and learning what the biggest needs are, finding sponsors or organizations willing to run a business for profit or non-profit that would really be accepted and welcomed by the community.
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4 April 2019 | 7 replies
It is important to have an understanding of these rules, especially if your current provider doesn't offer meaningful support.
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24 January 2022 | 5 replies
(“depends” - but I’d guess higher on average – example: One 3bed/3bath home for $2K/mo - versus a 2/2 and a 2/1 may have 1400 and 1100 respectively = $2500/mo total)NEUTRAL- Appreciation is probably about equal (I think)- Percentage based costs are probably about equal, or relatively not making a meaningful difference.CONS- More "friction" costs (closing, cash for updated appliances/paint/prep)- Two sets of tenants that could cause problems- One house means only one opportunity to screw something up and lose moneyThe ask: Given the above goals, what do you suggest?
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23 January 2022 | 174 replies
The flip side is at the B class I buy the properties are each worth 1+ million each to reach meaningful cashflow.
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8 January 2024 | 13 replies
Then you extracted equity via a heloc.
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22 August 2023 | 21 replies
The only way rates come down in the next year or two in a meaningful way, is if our Federal Reserve completely screwed up, the rate hikes cause a massive recession/depression, a bubble bursts, and mass job loss/deflation forces them to reverse course quickly.
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4 November 2022 | 28 replies
You will learn different wholesaling strategies, you will make some very meaningful connections with other wholesalers, agents, title companies, etc... and you will hopefully make some money while you're at it.
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2 February 2023 | 5 replies
With that being said, after reading Rich Dad Poor Dad and other books on REI, I’m keen to believe that he would be able to have a meaningful role in the business it’s self, not just as a beneficiary.
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15 February 2023 | 27 replies
If they refinanced is and extracted out their initial investment the return would increase further.BTW the house my parents purchased in 1969 for $19.5K is worth ~$1m.