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1 March 2024 | 97 replies
I get it .. but I also know how tough this business is and 97% of the people simply are not going to buy their way to success.. just like 90% of the newbies that post on BP will do exactly NOTHING in real estate we all get fired up.. but there is only so much of it to go around.. its FAR harder than it looks and it does either take some real good innate skills or lacking that some good liquidity so you can buy into the market.. thats why the Vanilla rental house game is so huge right now.. anyone who can fog a mirror can understand.. buy a rental put a tenant in it.. collect rent... past that when your talking about these more complicated transactions pretty tough to have no experience and just pay a few bucks and your going to be knocking down 250k profits.. its no different than the wholesaler guru who pitches making 20 to 40k a month .. can U yes how many do maybe 1% who try... or the guru who teachs flipping and making 50k per flip one a month... again how many can do that not many... one they don't think it through.. if your going to do 50k flips and one a month and you have 6 to 9 month cycle you need to buy 6 to 9 projects before you turn one.. how many starting out can do that.it would be more realistic to say hey start with one in 6 months then do 2 and maybe in five years your doing 10 to 15 a year.and or it really depends on markets... but gurus talk like all markets are interchangeable and they simply are not.
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27 February 2024 | 21 replies
i have a long term tenant to , i am i the same situation , from late pay to not pay .the late fee they dont care about , personal i waive many times but now my tenants find the solution "i dont have money" and decide to treated me that they dont need to pay rent because they know the law and they have friends in the bussines , so i give them 14 days demand of rent what did t make it any difference now i will give them 30 day notice long story short if u are nice with them u are dam
27 February 2024 | 30 replies
https://www.biggerpockets.com/forums/853/topics/1170783-10-u..."
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26 February 2024 | 12 replies
The agent has since claimed she made a mistake and sent a doc u sign for us and the seller to correct it.
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26 February 2024 | 12 replies
I would imagine the plumber made at least 10k pure profit (Kids u dont have to go to college to make big $!!)
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26 February 2024 | 4 replies
I ended up learning from the local repair companies that some policies, especially if u have the “Gold” level policy, are much better than others.
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28 February 2024 | 127 replies
btw, pm me your number, i have email, but not a number to text u.
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26 February 2024 | 50 replies
@Michael MorenoCheck out the biggwrpockets leases...save u some $$$$....
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28 February 2024 | 130 replies
U simply negotiate release clauses if your going to be cross collateralized.. although if it comes to that then you have had an engine failure and a water landing is eminent
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24 February 2024 | 7 replies
makes a difference My buyers are and will be homestead buyers eg owner occupantsThen u need to do what Chris suggested