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20 January 2025 | 10 replies
We weren't willing to take that risk.My wife operated our first home and after a few months we found a really solid knowledgeable manager who took over operations while still working closely with my wife.
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22 February 2025 | 48 replies
A knowledgeable attorney can help you set up compliant contracts, review your processes, and ensure you’re staying on the right side of the law.5.Consider Structuring Deals for Investors•If you want to avoid Dodd-Frank requirements entirely, you could focus on selling to investors or structuring deals for non-owner occupants.
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30 January 2025 | 56 replies
It’s crucial to have local market knowledge or work with someone who does.
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15 January 2025 | 6 replies
The forums on here are such a great way to get great free knowledge.
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27 January 2025 | 11 replies
I flipped two my first year and made a great profit $70,000+(2021), I had zero land deals the next year (2022) I had two deals fall thru, but used my knowledge and resources to get my family into a bigger/newer house ( using subject-to financing), sell my old house and payoff the sub-to mortgage and make $20,000 on top.
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16 January 2025 | 1 reply
Although many properties with a specific zoning code are technically eligible, they would be subject to an extensive waitlist that could last years.
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16 January 2025 | 3 replies
.- Use local real estate agents who are familiar with investment properties to help you find the right deals.You're taking the right steps by seeking knowledge and networking.
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21 January 2025 | 10 replies
I wouldn't accuse people that write listings to be knowledgeable in insurance.
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27 January 2025 | 29 replies
Some are led by seasoned investors with a wealth of knowledge, while others may be run by people with minimal experience.
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31 January 2025 | 44 replies
The average for the U.S. in the third quarter was a 28.7% return on investment.It’s impossible to know what every flipper in the U.S. spent to remake homes but Attom said the 28.7% return is within a range that could be easily wiped out by renovation expenses, mortgage payments and property taxes.”My large last extensive rehab was a little unit and I spent over $100k and I have done quite a few rehabs (3 last year, so hopefully my cost is competitive with what can be achieved).