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13 February 2019 | 8 replies
A tenant in a MH in a "trailer park" is a D- class tenant and will be management intensive.
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3 January 2019 | 8 replies
The only way that we can make money that I know of is by going through the intense process of converting units to condos.
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14 March 2015 | 10 replies
Also, remember that pilot training is very time intensive...so it won't give you much free time for real estate unless you're a natural born Chuck Yeager. haha.As for your question, there's generally two schools of thought on the matter when you're in the military and buying real estate. 1) Buy properties wherever you are stationed.PROS: Easy access when you live there.
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28 September 2009 | 14 replies
Your original post seemed pretty intense Jonathon.
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14 March 2018 | 23 replies
I think there are degree's of this.and for sure i think the get rich with no money certainly falls into this category.those with some wherewithal entering the landlording game is pretty easy these days pretty much anyone who can fog a mirror can understand it and should be able to at least close a deal.now if they like dealing with tenants and PM's after the fact that's another question all together.I think also those that drink the wholesaling koolaid.. some markets its doable many it simply is not either price points are too high and sellers to tough.. or lack of distressed and burnt out landlords etc.So when we see someone who puts a big batch of marketing on their CC I with no real experience or sales skillsI personally see that as risk with limited chance of rewardReal estate is capital intensive to do it right most of the time and in most areas.. do think it can be done with no capital then you better be one hell of a salesmen.
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27 June 2018 | 29 replies
The BRRRR is a capital intensive strategy.
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21 January 2019 | 6 replies
It's way less capital intensive and you can get everything completed in a timely manner.
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2 October 2020 | 61 replies
In fairness, I also think that if you buy quality property in quality neighborhoods then you are more likely to attract quality tenants and make your PMs job (and in turn your life) much easier ... the downside is that these type of properties will not cash flow as much on paper compared to rougher and more depressed areas, but the cash flow is steadier, less management intensive to collect, can actually be achieved in reality, and is more likely to grow over time rather than diminish ... so, make your PMs life easier by buying these type of properties and hopefully they will make your life easier in exchange.
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9 December 2017 | 12 replies
Based on your initial outline I'll assume they are studios and just give you an anecdotal experience from someone who's operated studios in the past.Studios carry significantly higher turnover costs and are more management intensive.
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23 December 2016 | 7 replies
The context is buying SFR for passive income, not rehab or any other intensive labor intensive approach.