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20 February 2025 | 10 replies
Cleveland is a good market and if you're in B class areas you'll generally have a better experience despite the lower cash flow.
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10 February 2025 | 20 replies
Rent growth has a larger impact on long term cash flow then initial cash flow.I am confident that on a 10 year hold, the higher cost market BRRRR in most markets will out perform the lower cost market BRRRR.
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24 January 2025 | 0 replies
It's OK to be more tenacious with negotiating down, and make the most out of a slowing market to buy at lower prices.
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12 February 2025 | 27 replies
The digging out has priced out much lower than we thought initially, so we’re using the additional money for an overhead sewer (the only flooding we’ve had in the 13 years we’ve lived here has been sewer back up).
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4 February 2025 | 12 replies
I would tell people today that if you buy a primary residence expect to stay in that home for atleast five years, especially with a FHA loan which has lower down payment as the current forecasts for home appreciation or very low which with closing costs on the buy and sell, it will take several years to have equity in the property and enough to be able to sell, so that is something also to consider.
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28 January 2025 | 8 replies
Getting the lower unit separately metered seems like a pain.
27 January 2025 | 8 replies
Happy to chat...being a local GC takes out a lot of the risk of the biggest variable for most investors (unpredictable rehab costs) and also allows you to consider more options than the average investor, with your rehab costs being significantly lower.
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27 January 2025 | 25 replies
To transition to multi-family properties, research landlord-friendly states like Texas, Florida, Tennessee, and Indiana with favorable eviction laws, lower taxes, and higher rental demand.
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28 January 2025 | 7 replies
Even in a lower priced investment property, like a small SFR, what does the investor without a contingency fund do when say the ac or a furnace need replacement?
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2 February 2025 | 9 replies
As you know, marketing and price are both very important, and vacancy will significantly impact your income, so you are almost always better off charging a lower price and getting it filled with a good tenant.