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13 September 2024 | 20 replies
We all chase cash flow in the beginning only to realize that it cannot touch appreciation.
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13 September 2024 | 16 replies
Pros- Guaranteed money from the govt that you won't have to chase down your renters for. - Tenants are incentivized to not damage the property (can lose their voucher if they are found liable)- In my experience, tenants tend to stay for longer periods of time rather than non-section 8 tenantsCons- The unit is required to meet a certain standard and pass an inspection prior to tenant occupying the unit - Tenants tend to have a lower credit score than most landlords were prefer Happy to connect and share my experiences as an out of state investor and share some additional tips.
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15 September 2024 | 18 replies
Also many title companies TODAY require a KNOWN notary.. so either they do it or they send you a vetted mobile notary that will cost you 150 to 200 for each sig.and yes this is why you dont buy the way the OP bought.. now he has a to chase his tail all to save a few bucks up front on title and escrow fees..
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13 September 2024 | 11 replies
And though I would like to believe that a jury would not find a property owner guilty for a guest chasing after a wild animal and getting bit, there is still the time and out of pocket expense of getting an attorney to defend such a nonsense case.
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11 September 2024 | 20 replies
I know some very big players in this industry, millionaires many times over, and they are not close to $400k monthly net on payroll.
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11 September 2024 | 3 replies
Ultimately, stay focused on your long-term goals and remain committed to your investment strategy rather than chasing quick gains.
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17 September 2024 | 68 replies
No tenants - No turnover, evictions or chasing rent.No liability - No worries if a homeowner slips and falls.Secured - the investment is secured by real estate.Insured - unlike a stock, the collateral (property) is insured.No taxes and Insurance - Homeowner pays and TI is typically escrowed with the servicing company so no need to track.Notes are typically more liquid than rental real estate.Consistently higher returns - Typically double digit.Scalable - easier to manage several hundred notes versus several hundred rental properties.No HOA or COA - homeowners must pay directly.No property management costs - instead we pay a fraction to a servicing company to collect payments.
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10 September 2024 | 2 replies
So use the tools of the internet to show people that you are a savvy business person, and you will start attracting capital versus chasing capital (but you need to chase first).
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20 September 2024 | 114 replies
A run of the mill house as a short term rental in Pittsburgh is exactly what happens when folks try to chase the trend and follow bad advice.
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12 September 2024 | 27 replies
So this would explain why new payment requests are on a Chase Bank account.Remember to get releases of liens from all vendors and subcontractors before making payments.