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4 February 2025 | 10 replies
It could be 50% high, 50% low or right on the money but no matter which of those three it is makes no difference.
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27 January 2025 | 5 replies
. - The people that are monetized on actually closing deals are all saying this thing is highly implausible.
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16 January 2025 | 0 replies
Harlem is undergoing a significant transformation, and properties like this one, which offer both historical significance and modern amenities, are in high demand.
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18 January 2025 | 16 replies
Focus on undervalued properties, prioritize high-ROI renovations, and refinance to pull equity for future deals while maintaining 20-25% equity.
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27 January 2025 | 3 replies
Option 2 is high risk, as financing may be tough on your situation.
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4 February 2025 | 18 replies
But the level of negative cash flow that you're talking about is quite high and it sounds like it's not something you're comfortable with and thus should look for something else.
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27 January 2025 | 12 replies
You want lower land cost with high rental demand unless you're a reno expert and flipper which not 1% of real investors are.
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19 January 2025 | 10 replies
I know a lot of Chicago investors are here too; but if you were in my spot would you recommend Chicago as prices are too high and I have never been to the city moving next year.
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11 February 2025 | 6 replies
Granted this primarily filters out the small deals or the highly leveraged deals, neither of which I do, but making 20% on a ARV 150k house is $30k.
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11 February 2025 | 11 replies
I would highly suggest finding a bookkeeper who specializes in REI as our industry is a different animal that a regular business and the bookkeeping is a bit specialized as well.