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8 October 2024 | 1 reply
The government wants to force landlords to cover the cost of cooling renters, but that same government doesn't protect paying customers from rolling blackouts.
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10 October 2024 | 9 replies
I also know that this strategy is often used to leverage available cash for multiple deals.However, as a new investor, I've decided to focus on purchasing one property at a time and go through the learning process until I complete a refinance.Only after receiving the funds from the bank would I consider rolling into another deal or multiple deals.In this situation, do you think it's better to still take the 80% loan from a hard money lender, or should I use the cash I have and purchase the property outright?
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10 October 2024 | 24 replies
Example: 250 Units + Condo project with rent roll.
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7 October 2024 | 6 replies
The profits from my business were rolled into real estate, and then the real estate profit were rolled in to buy more real estate.The key is to be consistent, and to have a plan with what you are buying, and have an exit strategy for each dealGood luckGino
7 October 2024 | 0 replies
Current plan is to take out an equity loan on the property (tax rolls have it at ~$300k) and use some additional cash to build 4 units, then refi, then build additional units until we have ~20 doors on the property.
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6 October 2024 | 2 replies
I get 25k rolled into my mortgage for repairs right off the bat, which is a buffer in case of the seller countering or having to sweeten the deal.
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7 October 2024 | 3 replies
Let's say next Spring if you hydro mulch and water and fertilize like crazy you can have a nice yard full of grass in the back next summer.I have seen some builders about this time of year use some kind of roll out mats to keep the dirt covered until the house is ready or Spring for sod.
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8 October 2024 | 0 replies
And it didn't take long for the hefty fines to start rolling in, including several high-profile cases in sectors beyond tech and retail, which have put other industries on notice.But how does this affect real estate?
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11 October 2024 | 56 replies
interest rates appreciation and rent growth play a huge roll in brrrr and housing hacking
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12 October 2024 | 54 replies
I am an Associate Broker in Maine, been helping others get their STR properties, but now getting the ball rolling for my own properties!