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8 February 2025 | 9 replies
I highly recommend an attorney to draw one up as each state and each property can have unique issues.
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30 January 2025 | 19 replies
That is done via placing the highest quality tenant possible, keeping issues to absolute minimum, keeping maintenance and service calls to minimum, because to make it work properties have to operate on cruise-control.
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4 February 2025 | 1 reply
I chose this area for two reasons, the first is that the South Gate Entrance has the least issues.
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4 February 2025 | 1 reply
Creative Freedom: You get to design and transform spaces, which can be personally fulfilling.The Bad: Where Flippers Lose Money⚠️ Underestimating Repair Costs: Surprise structural issues, contractor delays, and material price spikes can kill your budget.⚠️ Market Changes: A hot market today might cool down before you sell, which reduces the profit.⚠️ Financing Challenges: Hard money loans carry high interest rates that nibble into the bottom line.Unrealistic timelines: If you think you're going to be in and out in 60 days, you're sadly mistaken-most flips take longer than expected.Real Talk: Is Fix and Flip Still Worth It?
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6 February 2025 | 30 replies
So far, no issue other than the biosecurity stuff.
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21 January 2025 | 19 replies
If you know of any legal entity in TX that can help in a case where GP is not doing their job (maybe a branch of SEC), please let me know.TIA
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26 January 2025 | 15 replies
Personally, I find BTRs to be more predictable with fewer ongoing maintenance issues, and they tend to attract high-quality tenants.
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8 January 2025 | 8 replies
In any contract you don't typically need a clause saying what you CAN do, its assumed you can do anything legally allowed as an owner including sell.
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31 January 2025 | 5 replies
As Stuart mentioned, there are several issues that might arise with the property, which could definitely impact your cash flow.
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7 January 2025 | 16 replies
You can legally change or cancel a contract if all parties agree.