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19 November 2024 | 24 replies
Here are the top 5 mistakes I see by new renovators, but would love to get more added to the list as we go:1.
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19 November 2024 | 11 replies
One mistake I’ve made in the past is relying too heavily on numbers provided by various real estate websites, so I’m curious how you’re verifying the property’s financials.Looking forward to hearing back!
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16 November 2024 | 5 replies
Need to try though.For the future, to not repeat your mistake, read this post:https://www.biggerpockets.com/forums/51/topics/1167632-expla...
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16 November 2024 | 3 replies
The reason the property hasn’t sold is because the wholesaler made a mistake in valuation - hey, IT HAPPENS.Look, I don’t want to be totally discouraging.
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16 November 2024 | 6 replies
Your mistakes, and the reason why you don't understand why there is a conflict, is because you don't understand the meaning behind these analysis tools.
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21 November 2024 | 23 replies
Now for my out-of-pocket expenses:Down payment: $7500 (Hard money loan 90% purchase price 100% rehab)Closing costs: $6500Inspection: $400Agent's commission: $5200 (didn't raise purchase price of house with seller concessions, so that money didn't apply to the commission sadly. won't make this mistake again)Holding costs: $1300 (one interest-only payment of $770, roughly $200 in utilities and $360 in insurance)Total: roughly 21 grand.
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15 November 2024 | 11 replies
Start small, make mistakes, embrace growth, and learn from others.
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16 November 2024 | 14 replies
I know I am going to make mistakes and wrong assumptions, but I hope to lean as much as I can so I don't make them anymore!
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17 November 2024 | 5 replies
This is sometimes where people make a mistake, if you owe someone money I pay them what I believe they are owed.