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22 January 2025 | 203 replies
I couldn't not understand why this great nation didn't have health care.ย ย
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15 January 2025 | 14 replies
Start by building a solid team, analyzing deals carefully, and making your first purchase to test and refine your strategy.Good luck!
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5 January 2025 | 13 replies
@Tove Fox -ย Residential Real Estate InvestingPros:Lower Entry Costs: Easier to get started with less capital required.High Demand: People always need homes, making demand relatively stable.Easier Financing: Mortgages are generally easier to secure with favorable terms.Simplicity: Easier to understand and manage, especially for beginners.Flexibility: You can use it as a personal residence or rent it out.Cons:Tenant Turnover: More frequent turnover leads to vacancy and more management.Lower Cash Flow: Income potential can be modest compared to commercial properties.Emotional Buyers: Residential prices can be influenced by emotions, leading to price volatility.Maintenance Burden: Landlords often deal with repairs and maintenance, which can be time-consuming.Commercial Real Estate InvestingPros:Higher Income Potential: Stronger cash flow and higher returns are common.Long-Term Leases: Tenants often sign longer leases (3-10 years), reducing vacancy risk.Professional Tenants: Business tenants tend to take better care of the property.Valuation Based on Income: Prices are based on the income the property generates, not market emotions.Shared Costs: Tenants often cover property expenses like taxes, insurance, and maintenance (via triple-net leases).Cons:High Entry Costs: Requires more capital or partnerships to get started.Complex Management: More expertise is needed; you may need a professional property manager.Economic Sensitivity: Commercial properties are more sensitive to economic conditions.Challenging Financing: Securing financing can be harder, with stricter terms and higher interest rates.Zoning and Legalities: More complex regulations compared to residential properties.Key Differences:Risk: Residential tends to be lower risk, while commercial offers higher rewards but with greater risk.Management: Residential is easier for DIY investors, while commercial properties usually require a team.Scalability: Commercial properties are easier to scale, offering more potential for significant cash flow increases.
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31 January 2025 | 44 replies
Then there are the challenges with Section 8 tenants paying utilities and taking care of their rental property.
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1 January 2025 | 0 replies
. - We help with stress and time off.๐ง๐ต๐ฒ ๐ฝ๐น๐ฎ๐ฐ๐ฒ ๐๐ผ๐ ๐๐ผ๐ฟ๐ธ ๐๐ต๐ฎ๐ฝ๐ฒ๐ ๐๐ผ๐๐ฟ ๐ถ๐ฑ๐ฒ๐ป๐๐ถ๐๐ ๐บ๐ผ๐ฟ๐ฒ ๐๐ต๐ฎ๐ป ๐๐ฒ ๐ด๐ถ๐๐ฒ ๐ถ๐ ๐ฐ๐ฟ๐ฒ๐ฑ๐ถ๐ ๐ณ๐ผ๐ฟ.When people feel important, they do their best.When teams trust, they do great.When health is important, work gets better.I work for BiggerPockets, a company that truly takes care of me and it's employees, which only pushes me to be true asset.
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10 January 2025 | 12 replies
Rehab Loans do not generally care about your DTI or your income.
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5 January 2025 | 8 replies
Real estate investing can absolutely be a game-changer when it comes to freeing up your time and helping shape the community you care aboutโespecially in our beautiful region.Youโre on the right track by diving into BiggerPockets.
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4 January 2025 | 11 replies
I took care of it with a lease addendum.ย
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2 January 2025 | 2 replies
Sheriffs department took care of. ย