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4 February 2025 | 11 replies
However this is something that will for sure affect MF construction this year and sfr is these Tarrifs hold.In the NW I know a lot of lumber comes from CA / BC to be specific but my lumber packages for homes i build in Charleston SC are pine so I know it local wood .. but you know the lumber brokers they will gouge if they get any chance to do so
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1 February 2025 | 1 reply
Even with that, I think we will still be way ahead. 2 bed, 1 bath, 1200sq/ft, detached 1 car garagePurchase Price: $38,000Repairs: $20,000ARV: $96,000 (based off Zillow, but a local real estate agent thought that was pretty accurate)Mortgage: $430Insurance: $55Trash Included: $25Rent: $1,000We are now going through applications for our first tenant.
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2 February 2025 | 8 replies
So, comps can help with figuring out local cap rates, then you need the income from the property to determine a value.
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1 February 2025 | 1 reply
Go to BUILD YOUR TEAM at the top of the screen and look for local investors or meetups in your area.
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25 January 2025 | 25 replies
It reminds me of the Charles Schwab study - their best performing retail investment accounts were from dead people that never closed out the account.
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7 February 2025 | 15 replies
I'm a local wholesaler, STR investor and generally curious real estate dude.
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29 January 2025 | 2 replies
I’m working with local investors who are snapping up everything they can get their hands on, and honestly, I can’t blame them.
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24 January 2025 | 1 reply
Find and attend your local REI groups.
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21 January 2025 | 27 replies
Lower the qualifications.Real estate is extremely local.
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17 January 2025 | 8 replies
I really want to do local meetups and interact with more advanced investors but don’t know where to start.