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16 January 2025 | 78 replies
This is a common problem for other places besides California.Most of my clients are out-of-state investors-California being one of the most common places for investors I work with.I would say, in general, it is very similar to in-state investing in that your investment is as good as the team you use.
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26 January 2025 | 54 replies
A common bit of advice seen on this site is, "Don't spend $20K on a mentoring program when you could spend that money on your first deal and you'll learn much more."
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30 December 2024 | 15 replies
.✅ Thirdly, in regard to objectionable tenancy and nuisance caused by disruptive tenants, you will need to document these violations with undeniable evidence.Because police reports are not usually able to be procured due to disturbances like drug trafficking or domestic violence, you’ll need to take matters into your own hands on producing that documentation.I recommend getting security cameras installed in all common areas and outside your properties.I’ve used SimpliSafe security cameras but you’ll need to install WiFi service at your properties so that you can maintain recordings in the event of violations and add to your lease that any tampering with said cameras constitutes a lease violation as well.This is still developing and once we get further clarity, we will host a round table with legal experts on how to best protect our properties and residents.
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28 January 2025 | 48 replies
More common is you move into bigger, more expensive homes that you buy, or perhaps downsize into a home without a mortgage.
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29 December 2024 | 8 replies
U only have to be burned once when title comes back 3 days before closing ( which can be very common in abstractor states ) only to find it title is buggered.. title companies and closing attorneis may have their process's but a good agent just lets them know this is how escrow is going to flow.. they will wine but it cost 200.00 for a title search and we dont want to spend that until we know we have a closing.
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12 January 2025 | 20 replies
Avoid common pitfalls like underestimating costs or tenant management challenges by planning conservatively and staying proactive.
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29 December 2024 | 8 replies
One of the most common mistakes beginners make is jumping into large rehab projects without having a solid team or boots on the ground.
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27 December 2024 | 2 replies
Most of the methods are for advanced investors and not nearly as common or easy as portrayed by YouTube gurus selling courses for a living.
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29 December 2024 | 5 replies
If the latter, depending on the jurisdiction, YOU may need to be a licensed real estate agent/broker to engage in what’s commonly called “wholesaling” but is actually “flipping”.
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2 January 2025 | 13 replies
Just use common sense.When you get a request that asks if it is available when a quick look at the calendar or the inquiry show it is available then you should be on the look out.