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10 August 2024 | 14 replies
There’s nothing worse than a lender that over promises and then can’t deliver (sometimes they don’t even review your file before giving you the pre-approval letter and assuring you that all is well, charge you for the appraisal and let you go through inspection and pay for that out of pocket too, then their underwriters get involved and discover some reason they can’t process the loan leaving you high and dry).
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12 August 2024 | 39 replies
There is an excess of people (demand) who want a limited amount (supply) of something in a specific area.
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7 August 2024 | 5 replies
But my issue is that the pipeline either runs dry on the top funnel or I cant get bids out fast enough.
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10 August 2024 | 85 replies
You might have an expectation of 30-90 DOM to sell a property in the US meanwhile you are realistically looking at 6-18+ months in DR. I
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6 August 2024 | 0 replies
This information is needed for excess fund research and REO properties.
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6 August 2024 | 17 replies
With real estate your cash distribution is not from the asset it is based on the cash flow that you are getting in excess from the monthly rent.
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6 August 2024 | 8 replies
When the money dries up, they'll abandon your property and leave you with a bill.If your property is capable of producing a greater return as a corporate rental or short-term rental, I recommend you educate yourself on how to do that and then do it yourself.
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8 August 2024 | 29 replies
With a $500k investment you could probably easily grow to a $1.65M, 6 units portfolio, with cash flow in excess of $2,500/mo, all while reducing your structure count from 6 to 2.
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15 August 2024 | 86 replies
You are so right that property management will suck you dry!
3 August 2024 | 4 replies
Most older homes in SC are ventilated and breathe fairly well, so mold in the living space/attic typically isnt an issue unless there is a water leak where there is constant, excessive moisture.