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24 January 2025 | 7 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
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26 January 2025 | 15 replies
Here are a few strategies to consider for funding a down payment:Partnering: Like Gregory mentioned, finding a partner who can contribute to the down payment in exchange for equity or a profit share is a solid option.HELOC or Cash-Out Refi: If you have equity in your home or another property, a home equity line of credit (HELOC) or cash-out refinance can provide the funds you need.Private Money: Reach out to friends, family, or private investors who may be interested in lending you the down payment with a promissory note.Seller Second: In some cases, the seller might agree to finance a portion of the down payment as a second mortgage.Live Frugally and Save: It takes time, but reducing expenses and setting aside funds from your income is a tried-and-true method.The right approach depends on your situation and deal structure, but a mix of creativity and resourcefulness can go a long way.
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13 January 2025 | 1 reply
I “luckily” caught the wave of property appreciation between 2020-2022 which set the foundation of my investment journey.- I was scared to drop out of law school In 2021 and go all in on REI, I’m super happy with my decision.Now, whenever I’m scared/nervous, I take that as a sign that I should probably do it, and that it’s room for growth.Yes, sometimes it will be a mistake, but that’s how you learn.4) Value Relationships over everythingGood relationships will bring you more joy and take you farther than being selfish and/or greedy.What principles do you live by?
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5 February 2025 | 56 replies
i also help with the set up, hosting and finding cleaners I make it a one stop shop and the process makes it seamless and a sure thing with making money and keeping costs down.
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13 January 2025 | 5 replies
In terms of performance, I will be honest with you: it all comes down to your source of lists, the way you set up your campaigns, and last but not least, your templates.
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13 January 2025 | 2 replies
The team members I've worked with are super nice, but I have to ask, are there significantly better turn key provider deals to be had with a little more patience/perhaps better expectations set from me?
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3 February 2025 | 25 replies
I have a good cash flowing portfolio that has appreciated extremely well In the last 10 years, it’s a small college town off the radar, and I know it’s a unicorn situation to find deals that are in markets set for great appreciation, and have solid cash flow, but I know there’s more out there!
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15 January 2025 | 10 replies
For this reason, I teach people to set policies for renting to unrelated individuals.
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27 December 2024 | 2 replies
Need some advice on the best way to structure this deal that's fair and beneficial for a 3 person LLC/partnership agreement. My father and I have formed an LLC with another friend to start buying some rentals. We fou...
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10 February 2025 | 16 replies
Investors should fully understand that Section 8 is not a cure-all for Class C & D tenant challenges, it's just trading one set of problems for another.We see too many investors not doing enough research to fully understand all this and making naïve investing decisions.