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9 February 2025 | 173 replies
At the same time, I think the industry in general is a mess and David is right that many investors will get hurt.
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16 January 2025 | 7 replies
Have you gone to local real estate events?
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23 January 2025 | 8 replies
So right now our main goal is the cash flow because in the end that is the way we will be able to move up in the real estate industry.
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17 January 2025 | 3 replies
OTM was more a round table discussion of current events, predictions, news etc as it related to real estate, where the hosts also provide some great personal stories that relate to the topics discussed.
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17 January 2025 | 2 replies
Again, this is a conversation to have with your accountant to ensure the benefits would outweigh the costs.Another misconception is that there is little value in a cost segregation study for properties that do not have a lot of personal property in them or very little interior build out, such as industrial warehouses.
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21 January 2025 | 14 replies
Get on the meetup app or facebook groups and look for realtor events and try to become a vendor at one.
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28 January 2025 | 15 replies
Terms such as interest rates and payment schedules are typically negotiable.Combining creative financing with seller financing can include strategies like:Subject-to and Seller Financing: Taking over the seller's mortgage and financing the equity portion through the seller.Lease Option: Renting with an option to buy while negotiating seller financing for part of the purchase.Wraparound Mortgage: Keeping the seller's existing loan while they finance a new loan that includes the balance.To proceed, consider connecting with experienced investors, understanding local legal implications, and attending networking events to gather insights.
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18 January 2025 | 1 reply
However, rates have since moved upward.A 30-year fixed rate mortgage is once again sitting around 7% interest:For broader context, here’s a chart for 30-year fixed mortgage rates over the past 5 years:The real estate industry hoped 2024 would see a recovery in which mortgage rates fell and home sales climbed.
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15 January 2025 | 10 replies
However, financial freedom isn’t a one-time event; it’s about sustaining your desired lifestyle for the rest of your life.Once you clarify your goals, the next decision is where to invest.Investment Market/CityThe most important investment decision you will make is where to invest.
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21 January 2025 | 8 replies
This is where I'm very inexperinced and don't understand what is standard for industry or what could potentially bite me down the road.