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21 December 2024 | 11 replies
I’ve learned a lot from BiggerPockets and am eager to apply that knowledge to build relationships with investors looking for great deals.Right now, I’m focused on finding cash buyers who are interested in discounted properties.
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4 January 2025 | 67 replies
Plus, no matter what happens Mark is my guy down there and I told him if I ever made a personal comment about his relationship, to tell me to stick it.They always lock the gate at night so no one can drive on to the property and to keep the guard dogs in.Later while my wife and I were driving and checking our storage units, I called Mark to re-iterate we had heard about this and to let her know we will never get involved in their affairs.He said.
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20 December 2024 | 3 replies
@Jacques CaspiTo succeed in real estate investing, I’ve found it’s crucial to budget for unexpected expenses, focus on thorough tenant screening, and build strong relationships with contractors.
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17 December 2024 | 4 replies
You are far more likely to find a mentor through in-person networking and building relationships.
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20 December 2024 | 20 replies
Cost segregation and bonus depreciation may create paper losses during the holding period, potentially offsetting some preferred return income if you have passive income or qualify as a real estate professional.This post does not create a CPA-Client relationship.
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31 December 2024 | 11 replies
If it crashes hard enough, it impacts your personal finances, your relationships, and even your mental/physical health.With the exceptions of politicians and so-called charities, building wealth typically requires sacrifice and time.
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9 January 2025 | 107 replies
Usually on commercial loans it’s 20%-25% down payment(relationship with local bank) rate between 4-4.75 (depending on your credit & debt), 20-25 year amortization (in small multi family it’s 20 & large multifamily it’s 25) and 5 year term (some banks do as long as 20 in Oklahoma).
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24 December 2024 | 23 replies
@Salome Ditmars Although it is great to get referrals this is also something you should take upon yourself to get to know the sponsor and establish a relationship with them since this is your hard earned money you are looking invest with them.
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27 December 2024 | 13 replies
Diversification and long-term goals should guide your decision.This post does not create a CPA-Client relationship.
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18 December 2024 | 4 replies
What I wrote above does not create an attorney/client relationship between us.