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19 January 2025 | 7 replies
Ask for seller concessions to cut down closing costs.
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22 January 2025 | 3 replies
Definitely will bring more jobs and with that the workers' families.
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29 January 2025 | 0 replies
They did a great job and the property was very turn key.
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20 January 2025 | 62 replies
I’ve been in contact with the Better Business Bureau about them cut your losses and go the other way.
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11 February 2025 | 13 replies
He doesn't cut a big portion of capital gain taxes all at once to the IRS, 3.
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6 February 2025 | 9 replies
Also, focus on 2 years of job/income stability.Class D Properties:Cashflow vs Appreciation: Typically, all cashflow with little, maybe even negative, relative rent & value appreciationVacancy Est: 20%+ should be used to cover nonpayment, evictions & damages.Tenant Pool: majority will have FICO scores under 560 (almost 30% probability of default), little to no good tradelines, lots of collections & chargeoffs, recent evictions.
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1 February 2025 | 9 replies
With my W 2 job I might not be able to fly to these areas and vet them.
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7 February 2025 | 10 replies
Admittedly, I am not one that typically finds paid mentorship very valuable, but I also respect that my degree is in business with a focus on real estate, and my first job out of college was in real estate (so it is a little hard for me to take my 20 yrs of knowledge and rewind it to try to view mentors from a completely fresh lens).A couple points: I view mentors, especially these expensive ones as a catch-22.
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27 January 2025 | 2 replies
Keep your W-2 job, save, and you’ll be able to afford your next down payment.
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24 February 2025 | 14 replies
In my first two years of management, she earned over $20,000 net profit, the property was in better condition, she could quit her full-time job, and her health significantly improved because she was no longer stressed.