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4 January 2025 | 12 replies
This tends to be more time intensive and more for someone that has a lot of time and limited income as you may find a "home run" type deal with some effort/energy.
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7 January 2025 | 8 replies
These are entirely relationship-based and do take time and energy to cultivate but are very lucrative once you cultivate them.
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13 February 2025 | 95 replies
Rather, 51% of us are introverts who just want to learn how to invest and reduce our risks by learning instead of chanting affirmations in a stadium.
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8 January 2025 | 9 replies
This will reduce your risk and cash invested and if something goes wrong you wont be bled dry with never ending repairs.
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12 January 2025 | 23 replies
I think its worth the time to and energy as it will pay off and if you end up with a bad deal it will serve as a learning experience.
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31 December 2024 | 1 reply
The energy in person is different for me, and I've made some of my best connections and friends at Chicago meetups.Here is a list of the Chicago event from BP: https://www.biggerpockets.com/forums/521-real-estate-events-...I also have a list of ALL THE CHICAGO MEETUPS that I am happy to share with you.
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8 January 2025 | 38 replies
The real issue is that they didn’t have a plan to monitor usage or set up protections to minimize costs during the eviction process.Ideally, the PM could’ve done things like:Limit access to unnecessary areas to reduce power use.Install smart thermostats to keep heat at a safe minimum.Request a utility cap in court during eviction proceedings (if allowed in your area).Bottom line: It’s less about the utility switch itself and more about proactively managing costs once the tenant overstayed.bro what?
31 December 2024 | 8 replies
Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes.
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3 January 2025 | 2 replies
Many investors start with a multifamily property, like a duplex, as living in one unit and renting out the other can offset your mortgage and reduce vacancy concerns.Take your time running the numbers and researching neighborhoods—you're off to a great start!
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6 January 2025 | 6 replies
Framing your position as fair such as explaining the difficulty of finding renters during off-peak months - might help maintain a positive relationship and reduce risks of property damage.Prepare for What’s NextEven if the tenant moves out early, ensure you’re protected.