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4 February 2025 | 7 replies
I have no idea who I should reach out to for help, and I just do not understand how this person no longer responds to emails or returns phone calls.I hope someone can provide some guidance.
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27 January 2025 | 3 replies
Here are a few to watch out for:Property Condition: Most distressed properties need extensive repairs or renovations, which add to your initial investment.Competitive Market: With Phoenix's popularity among investors, competition for the best deals can be intense.Complex Deals: Foreclosures, auctions, or short sales are much more complicated compared to regular real estate transactions and usually require specialized knowledge.Tips to Successfully Navigate the MarketDo Your Research: Understand the local market conditions, including neighborhood trends, property values, and potential rental income.Build a Strong Network: Work with professionals who specialize in distressed properties-such as brokers, contractors, and legal experts-to make the best decisions.Assess Costs Carefully: Factor in the cost of repairs, holding costs, and any potential financing issues when evaluating a property’s profitability.Be Patient: Finding the right distressed property takes time.
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30 January 2025 | 2 replies
Understand that they all have an incentive to sell you a property.
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19 February 2025 | 10 replies
All, I understand that to be a property manager in Colorado you must be a licensed realtor.
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1 February 2025 | 14 replies
Quentin, build your knowledge, make sure all this is done correctly.Banks rarely call the loan just because of the deed being transferred, something else triggers this, mostly because the investor decides education is not worth the money.It can be because the Insurance was not done correctly, the seller does not understand the process, the Title Company does not know what to do so they call the Bank and make a mess out of the process and a few other factors,If the investor is knowledgeable on what to say to the Bank if they call this is a fairly simple conversation to have.
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31 January 2025 | 121 replies
Quote from @Hansen Tong: Hi Everyone looking for a CPA in CA that understands cost segregation, offsetting of w2 income through active short term rental partcipation etc.
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19 February 2025 | 6 replies
I somewhat understand why the cities are trying to regular airbnb's out completely.
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15 February 2025 | 7 replies
@Raquel ReedRecommend you understand the property Classes, so you buy wisely!
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29 January 2025 | 12 replies
Please note the information provided below is a layman's definition designed to provide a basic understanding for the general audience.
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17 February 2025 | 5 replies
Yes, you can expand (and SBA has some great options for that), but the basis for a strong expansion is really understanding how the business works.