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12 February 2025 | 27 replies
I’d stay away from all of the people around the Multifamily Mindset they are like vultures preying on students to use them for free labor and family and friends money.
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18 January 2025 | 15 replies
A better option would be to partner with someone who can bring the capital needed in exchange for you contributing your time, labor/effort, and expertise.
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18 January 2025 | 13 replies
Wholesalers might avoid licensing to reduce perceived risk, though this is a double-edged sword since wholesaling has its own legal pitfalls.5.
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16 January 2025 | 23 replies
We certainly have found some deals that would reduce our living expenses compared to renting.
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14 January 2025 | 25 replies
Given the permitting timeline, I will offer to purchase some of the furniture and redecorate the rest (so half and half to reduce some furniture building time).
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18 January 2025 | 17 replies
This reduces your housing payment and helps you build equity.
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31 December 2024 | 20 replies
The cost of labor , materials , property taxes , inflation , interest rates etc .
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25 January 2025 | 14 replies
It also offers a chance to shift into something more passive, reducing the hands-on management that seems to be more of a hassle now that you’ve moved.That said, the rental income potential from your properties is worth noting, but there’s a limit to how much you can boost your cash flow, especially after already making significant upgrades.
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13 January 2025 | 2 replies
Use your HELOC to purchase the duplex outright for $118K.Your brother’s $50K down payment can immediately go toward reducing your HELOC balance, leaving a remaining balance of $68K.Create a formal lease-to-own agreement with your brother.
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22 January 2025 | 12 replies
We had good capital gains on our first new property so we were able to inject that in our current primary residence reducing mortgage amount.