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6 January 2025 | 17 replies
Quote from @Kody Smith: without getting too deep into my finances, what my strategy is...1. take loans to buy properties (leverage)2. fix/flip for day to day cash flow income3. use some of the fix/flip income to buy consistent cash flow through:- business acquisition, - commercial properties (MF and store fronts),I have no intention of doing ALL of the management myself, I will hire management as needed (medium term goal)my expected core role is money provider, evaluating the numbers, making decisions, and connecting with investors, wholesalers, lenders, contractors, and property owners.while I am just on step 2 of the journey, I am looking toward step 3 to stabilize, and not worry about if house prices drop mid project or not (or not worry as much) So to be fair this is more about obtaining and growing a real estate business not simply buying rentals for cashflow.
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23 January 2025 | 21 replies
You can even look for police reports in that neighborhood.
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13 January 2025 | 15 replies
Similarly, a credit report fee upfront is reasonable, but these can often be avoided as well.
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11 February 2025 | 183 replies
If you are thinking of 3 units consisting of SFR, ADU, JADU, you may not get your money back since ADUs don’t appraise well.
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8 February 2025 | 22 replies
The other tenants would call the management company on Saturday to report the air conditioning failure and were told that a service person would fix the problem on Monday.
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13 January 2025 | 4 replies
However, when I am unable to run screening reports due to this, we can push them to our "alternate screening".
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16 January 2025 | 12 replies
It also requires different reporting of that separate interest expense on the K-1 each year so the partners know they have the obligation of tracing that interest expense to however the partner used the distributed proceeds.I typed all this up and realized Mr Brooks has left the building and posted this 6 months ago, but hopefully someone else will find this useful!
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9 January 2025 | 15 replies
What I found with Airbnb's pricing is consistent with the above- their recommendations are for lower pricing (and not in the host's best interests).
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7 January 2025 | 6 replies
I'll looking forward to your immediate response.Please resolve this issue ASAP, our tenants have already submitted the rental payment to your Appfolio account $49,987.00(attached report), however it is NOT showing this amount in your account at all, not even mention transfer the fund to our BOA account.
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6 February 2025 | 42 replies
They offer consistent cash flow and steady demand as rising housing costs continue to push more people into renting.