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18 November 2024 | 11 replies
Not sure if this is the case in your market but once we get into the fall time frame in my market the demand drops off significantly.
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17 November 2024 | 13 replies
You as the buyer also have rights under fair lending and you should never be forced to use a builders lender. 90% of the time lenders drop the ball and end up not being able to close on time or their overlays cost the buyer the deal and in some cases earnest money.I would walk away from a deal that forces you to put $50K in earnest and use some generic lender who may not even be able to close the deal.
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1 December 2024 | 134 replies
She was facing charges but they eventually got dropped and Lee's people fixed everything, got it on the market and she got like $50,000.00 from the sale proceeds.
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17 November 2024 | 10 replies
Prime is currently 7.75% and likely to drop by 1-3% during this fed cut cycle over the next 1-3 years.
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1 December 2024 | 377 replies
My primary focus is on passive income and it is going to take a large number of single family properties to generate enough passive cash flow to drop the W2 JOB.
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16 November 2024 | 6 replies
However, it wasn’t clear if lawn care, snow removal, and ongoing maintenance costs are included, as they were initially listed as $0.I’ll clarify with the seller exactly what’s included in their reported expenses to ensure we have a complete picture of recurring costs and any potential gaps.the seller dropped the price from 798k to 645k.
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16 November 2024 | 5 replies
Some co-hosts are locals who will assist and drop off extra linens, do check ins, etc.
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23 November 2024 | 38 replies
In addition, doing fewer deals than that will most likely mean that they don't have a legit team of pros to back you- PM, GC, Plumber, lender, etc- if they aren't feeding them constant business, those contractors won't drop their current jobs to help you in an emergency.
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16 November 2024 | 8 replies
Drop me a PM and I will send you to who we use.
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.