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2 February 2025 | 17 replies
My philosophy is to take the minimum risk needed to achieve my lifestyle goals.
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16 January 2025 | 15 replies
Wholesaling is risky, because there are a ton of bad players out there, and so most brokerages don't even allow it because there is so much risk, and the principle broker is risking their livelyhood.
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29 January 2025 | 25 replies
Things they did bad which I wish I had asked more information about:Never involved in the screening of tenantsThey recommended keys for cash by waiving the rent amount buy only collecting fees which they would get not meThe cost to evict is 750-950 yet other companies told me they will include eviction in the priceThe tenant didnt pay in full last month and I was the one calling out to them and asking questions then a few days later I get an email saying something happened with the tenant and they are investigating.You get passed from person to person every week or so.No one told me when the construction was complete and so the house was ready for a week and the post to zillow and other sites was not done.It took them another week to take pictures and then another week to upload it.I was paying 200 dollar a month electric bills while the house was vacant because they left the AC running in the empty property.
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31 January 2025 | 7 replies
There are a plethora of CT based real estate Invetsor meet ups you should get involved with.
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3 January 2025 | 7 replies
With online access to almost every jurisdictions property recordings, lenders today use software that automatically searches property transfers for transfers involving their loans.
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2 February 2025 | 9 replies
Sounded like there was heavy paperwork involved.
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11 February 2025 | 11 replies
Have you found that certain property types or markets tend to have more eviction risk regardless of screening?
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10 February 2025 | 10 replies
I tend to operate under conditions I’m familiar with, also taking calculated risks of what I don’t know yet.
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17 January 2025 | 20 replies
Lower risk all the way around.
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23 January 2025 | 3 replies
Depending on where the property is and the lender involved, and what he has told the lender, and so on and so on, you handle things accordingly.