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29 December 2024 | 15 replies
I've checked daily for the last year or two and its slim pickings over here!
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20 December 2024 | 2 replies
I remember back when I was ramping up my own rental portfolio in those early-2000s San Diego days, I learned the hard way that ignoring “little” costs..like that termite treatment or the property manager’s onboarding fee..can turn what looked like a sweet deal into something that barely breaks even.Let’s say you pick up a property in one of those under-the-radar neighborhoods in Omaha or maybe on the south side of Chicago..markets I’ve seen a few colleagues dabbling in lately..you’ve got to be ready to get real about the numbers.
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19 December 2024 | 4 replies
(@Jonathan Greene DM us if you'd like to chat about them)Regarding turnkey in Metro Detroit, haven't seen anyone do it the right way:( We've picked up dozens of their clients that fire them due to poor tenant performance and nonstop repairs on their "turnkey" properties.
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19 December 2024 | 2 replies
I’ve been in the real estate game for over two decades, and I’ve had my fair share of experiences with PM companies... some stellar, others not so much.Here’s what I’d suggest:Start Local: In OC, there’s a lot of value in picking a PM company that knows the ins and outs of the area.
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21 December 2024 | 20 replies
I think those are all good picks.
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23 December 2024 | 12 replies
My tombstone should read: pick efficient investments, not tax-efficient investments.
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19 December 2024 | 25 replies
The cost of the right advisor initially is a lot less in the long when you pick a bad advisor.
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18 December 2024 | 20 replies
This tax lien investment looks like a win win situation once you pick a good deal.
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23 December 2024 | 15 replies
But after an exchange - sign the purchase documents with one pen and pick up another pen to sign the refi docs :)Another strategy you could consider is reinvesting into multiple properties, where you purchase the first property cash (ensures some security and concentrates the equity) and the second property with a mortgage.
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17 December 2024 | 12 replies
Pick up the book Building Wealth One House at a Time by John Schaub.