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16 January 2025 | 1 reply
.🎯 Your 6-Month Timeline:Month 1: Foundation (5-7 hours/week)Morning routine: 1 hour daily market researchEvening routine: Deal analysis practiceWeekend: BP forums & networkingKey Goal: Analyze 10 deals on paperMonth 2: Education (8-10 hours/week)Complete 1 RE courseJoin 2 local REI groupsSchedule lunch breaks with agentsKey Goal: Build your initial power team listMonth 3: Systems (10-12 hours/week)Set up deal tracking systemCreate document templatesEstablish banking relationshipsKey Goal: Ready to make offersMonth 4: Lead Generation (12-15 hours/week)Drive neighborhoods after workWeekend open housesSetup automated MLS alertsKey Goal: Generate first 5 qualified leadsNow, the Owners and Brokers you deal with may not enjoy this, but you can certainly "practice" making offers. Â
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16 January 2025 | 5 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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30 January 2025 | 47 replies
U have to understand the mind set of many people in these markets THEY PREFER to rent they dont want to own.. its not like someone on the Coasts in high priced markets where they have seen folk get wealthy just owning a few homes. and your not adding in Property tax and maintenance.. folks that are/were renters just dont have the same mind set when it comes to taking care of the property or the cash to do so.But until you try it and actually talk with those in the market there is no way of knowing that many of these folks simply prefer to be renters..
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25 January 2025 | 155 replies
Mine cost $50 to set up and took 20 minutes on the secretary of state website.
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27 January 2025 | 21 replies
I'm not underestimating the work and unique set of challenges that come with it by any means.
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16 January 2025 | 7 replies
I just set up my vrbo account and still some finer details about planning the communication, cleaning service, maintenance persons, etc…
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31 January 2025 | 121 replies
She will get you set up with a consultation.They specialize in High-Level Tax Strategy, using real estate as the primary vehicle.Â
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30 January 2025 | 7 replies
We're fortunate to have an above-average income and live well below our means.This summer, we’ll be moving to Detroit (PCSing in August), and we’ve saved about $120,000 to invest in addition to having funds set aside for the home we’ll purchase in Detroit.The reason I’m posting is that I’m struggling to decide how to best allocate the $120k.
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13 January 2025 | 10 replies
I want to stop being pennywise pound foolish and get things set up properly.Â
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22 January 2025 | 0 replies
How to Track Regulatory ChangesStaying up-to-date might seem daunting, but the right strategies and resources make it manageable.Key Resources:Local Government Websites: These often publish updates to zoning, rental, and housing codes.Real Estate Associations: Organizations like the National Association of Realtors (NAR) or local landlord associations offer regular updates and seminars.Newsletters and Blogs: Subscribe to reputable legal or real estate blogs for insights into upcoming changes.Professional Advisors: Build relationships with real estate attorneys and property management professionals who can provide guidance tailored to your market.Pro Tip: Set up Google Alerts for terms like “rental law changes” or “landlord regulations” in your area to receive real-time updates.3.