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15 May 2024 | 11 replies
Remember... contracts are always negotiable, but you both have people to pay and food to put on the table.
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13 May 2024 | 12 replies
I'll say a number, but take it with a boulder size grain of salt.
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14 May 2024 | 4 replies
This will help my guys with cheap food.
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15 May 2024 | 35 replies
Unfortunately, with our financial situation (we are essentially broke and need money like now for medicine, food, etc), hence us being so eager to sell, even for below market value… so turning it back into an AirBnB wouldn’t work for us.We wish this sale hadn’t fallen through.
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14 May 2024 | 11 replies
G'Day Bob,Not many "true" turnkey companies around anymore and I've seen a trend where investors want to DIY out of state and country.Personally, I think this is an even bigger recipe for disaster than buying turnkey.bBut that's just my opinion.Back in the day you had many "turnkey" companies selling crappy properties in crappy areas for a lot more than market value.Then they pass you on to a 3rd party PM that nickel and dimes you to death.Granted, if you want to DIY I would always advise moving to the market that you want to invest in.Spending enough time with key people needed to make your venture a success.Yep, easier said than done 🤷♂️If you DIY from out of state, you will probably find an "investor friendly" agent that will flog you expensive property from the MLS, refer a "good" contractor and then you will most likely also get nickel and dimed by a referred "trustworthy" PM.IMO, you are safer finding a reputable turnkey provider in a market that you want to invest in and go from there.If $#%@ hit's the fan (Which it always does in real estate), at least you have everyone to blame under the same roof.A true turnkey provider will have everything an out of state investor would/want and need under the same roof.No finger pointing is allowed lolI'm bias as we offer turnkey so take my words with a grain of salt.Just happy to offer my 0.2 Aussie cents.Wishing you much success
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14 May 2024 | 10 replies
To take what you hear with a grain of salt.
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14 May 2024 | 2 replies
Here's some food for thought to get the conversation going:Finding the Ideal Property: What are your tips for spotting a great house hacking opportunity?
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13 May 2024 | 6 replies
It's helpful to get comfortable running your own numbers and learning to take everyone else's underwriting with a grain of salt.
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13 May 2024 | 19 replies
He figured out instead of owning the fast food building, own the land underneath and land contract to franchisees.