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3 February 2025 | 31 replies
I took a long break and I'm paying for it now LOL!!
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3 February 2025 | 7 replies
Banks with 2-10 branches are often good.
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8 February 2025 | 21 replies
I have a good team helping me, I have a good system, I’m confident in my ability to talk to sellers because I’m a real estate agent and just am nervous that I should be trying to reach more people.
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6 January 2025 | 28 replies
That path does not end up in a good place.
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3 February 2025 | 6 replies
If you're willing and able, I do recommend the "house hacking" strategy which is just a fancy name for buying a rental property and living in one of the units, because you'll get very favorable financing - an owner-occupied fixed-rate 30-year mortgage.I'd also say, analyze that property as if you won't live there and it's a pure rental, and make sure the property is still cash flow positive if there's a tenant in your unit because then you'll know if it's actually a good investment.And when you analyze it, include payment of a property manager in your #s because if you don't, and doing so would make it go cash flow negative, then you've just bought yourself a job because you literally can't step away from managing it without losing money.
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27 January 2025 | 7 replies
Quote from @Enrique Toledo: I came across a really good seller financing deal and I would like to purchase it as my first deal but I don’t have enough money for the down payment.can I use a lender of some sort to give me money for the down payment?
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29 January 2025 | 2 replies
That means 500 calls a day finding motivated discount sellers.Probably other positions too, but that's a start.Are you getting any good finds on the house hack?
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10 February 2025 | 2 replies
Working to systemize this business to run efficiently with future limited supervision to then take the cashflow/profits to continue investing in building our long term rental portfolio as well as invest in other business endeavors.
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6 February 2025 | 11 replies
I know there is surety bond process and there a a few companies that appear to offer a service (Like Rhino)Furnished Finder has a new feature called Worry Free Waivers but when I tried to better understand their process, it was clear they have not done a good job of vetting this out.
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25 January 2025 | 12 replies
What really matters is how long you think you will have this loan.