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8 November 2024 | 22 replies
Ironically most investors don't slow down to ask themselves that simple question but will prepare a multi tab excel spreadsheet justifying the reason behind purchasing the low barrier home that lacks fundamentals because it meets the 1% rule or is a good BRRRR candidate because that's what they are taught.
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1 November 2024 | 17 replies
Be prepared to work with them on a plan to move.You can make the argument the cost of moving is more than the cost of the increase.
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1 November 2024 | 19 replies
I'm honestly torn on this one and unless we can get a major financial concession, we are prepared to walk.
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31 October 2024 | 3 replies
To protect your margins, it’s crucial to have a solid understanding of costs upfront, consider negotiating long-term prices with suppliers, and prepare for possible delays in renovation schedules.In both scenarios, it’s often safer to focus on markets with strong fundamentals (stable job market, population growth) and properties at or below the median home price in the area to appeal to a broad buyer base.
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29 October 2024 | 16 replies
I'm not confident that a seller financing offer will be accepted enough to be really understood without some preparation.
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1 November 2024 | 18 replies
Then be prepared to follow thru and fight him in court.
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31 October 2024 | 10 replies
I've had clients add me as a collaborator on their properties in Stessa, and some that just send me the tax package report, both work perfectly for preparing taxes.
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28 October 2024 | 2 replies
Buying, fixing, and flipping REO properties is a solid strategy, but success lies in preparation.
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29 October 2024 | 9 replies
Some preparers may take your word and just say have your logs ready in case of an audit.
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29 October 2024 | 5 replies
Play ball with them.Be prepared to follow through on the agreement.