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21 February 2025 | 250 replies
As that % increases in people being active in the economic machine, as efficiency increases, things start compounding improvement in a feedback loop.
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19 February 2025 | 57 replies
I have a well run machine for OOS investors like yourself
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24 February 2025 | 72 replies
The guy is a total machine, and it is incredibly humbling that he is 6 years my junior but knows more about real estate and building wealth than I may ever.
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21 February 2025 | 102 replies
I think I have paid my full mortgage with the money paid out by Homeroom twice in total, every other month I have to pay out of pocket.Similarly to another poster I had both the laundry machines provided by Homeroom break on me, then on the second one when I asked why they both broke so quickly they indignantly replied that it's 12 years old you know, these things usually only last for 5 years or so, meaning that Homeroom sold me an 11 year old washing machine and then blamed me for that.
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16 January 2025 | 17 replies
Call every local investor agenda (look at the agents that have investment property listings and call them) and call every local landlord that owns multiple properties (you can get lists off of Deal Machine).
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15 January 2025 | 3 replies
If you supply the machines, I recommend increasing rent $100 or so to compensate for the purchase and maintenance.
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1 March 2025 | 50 replies
Having a background in Real Estate, Sales/Training in Construction Technolgy like GPS Survey/Layout and Machine Control/CAD Model Building, along with owning a Civil 3D Dirt Construction Company, I was very excited about the opportunities presented by Cody at Vestbright.
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4 February 2025 | 24 replies
They are for long term wealth building and the goal has to be to get them Paid off as quickly as possible you then will start to see real cash flow.. a stable of max leverage rentals anywhere is not going to move the needle on income to you in the first five years.Jay - thanks for jumping in, I appreciate your perspective, and I don’t expect SFR rentals to be a cash-flow machine in the short term.
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19 February 2025 | 88 replies
Because 3.6k per year is good, but then a tenant moves out, the house sits empty for 2 months so u just lost your 3k (mortgage 1.5k, lets say)...Every 10-20 years you need a new roof, thats about 13-16k (Although 8 years ago I dishwasher/washing machine/Ac/heater, those things break...I dont see how landlords can retire with $300 cash flow from 10-20-30 properties...I understand when people make 1k per month in cash flow, but $300, not sure how all this works...Exactly; nobody is getting wealthy or retiring off $300mnth cash-flow, for all the reasons you touched on.
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12 January 2025 | 21 replies
Quote from @Taylor Dasch: Quote from @David Lecko: Quote from @Preston Dean: @Chris SeveneyI've heard deal machine as a sponsored ad on the BP podcast years ago.