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11 December 2024 | 6 replies
If you have 60k equity and 10k cash, slow down and remember this - you need 15k for reserves for a new property and you should always only use half of your equity which would leave you with 15k for downpayment and 10k cash for renovation.
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22 December 2024 | 105 replies
It’s not wise to invest blindly trusting the operator reputation alone, without deep diving into many syndications.
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17 December 2024 | 20 replies
US population growth slows and fewer new households form, which is probably not great for RE investors; and 2. the Social Security trust fund runs out.
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11 December 2024 | 12 replies
Occupancy can be off the charts in places like this because there is so much activity or reasons for people to visit during what would be slow days of the week and off season months.
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9 December 2024 | 3 replies
When it's against you, your progress slows, but you can still move forward.
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14 December 2024 | 13 replies
Despite being nearly 60,000 SF of land, strict adherence to the zoning code would only allow 7 homes because the parcels lacked street frontage despite being very deep.
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9 December 2024 | 38 replies
I've hit it where I've given myself an almost 8 week interest free loan before and had no utilization reported, which is awesome when you're knee deep in several rehabs.
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10 December 2024 | 17 replies
But these are slow exits.
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7 December 2024 | 6 replies
The other option would be diving deep with a bookkeeper to have them help run more updated books than just monthly.
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15 December 2024 | 25 replies
But even after we get everything organized, it's still just so annoying to use so slow (pages load slowly and every click on a report results in a pause while it fetches data, it's just tedious).