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2 January 2025 | 18 replies
Maybe they've been burned by landlords in the past and are being very careful.You can legally reject them based on personality, facial tattoos, body odor, or other factors, but you better make sure you can prove that it wasn't based on any protected class like race, religion, familial status, etc.
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7 January 2025 | 12 replies
@Augusta Owens here's some copy & paste info you won't find in a book:)-----------------------------------------------------------------------------------------------------Recommend you first figure out the property Class you want to invest in, THEN figure out the corresponding location to invest in.Property Class will typically dictate the Class of tenant you get, which greatly IMPACTS rental income stability and property maintenance/damage by tenants.If you apply Class A assumptions to a Class B or C purchase, your expectations won’t be met and it may be a financial disaster.If you buy/renovate a property in Class D area to Class A standards, what quality of tenant will you get?
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2 January 2025 | 2 replies
I have a question and would really appreciate your input.I’ve done a couple of fix-and-flip projects in the past using hard money lenders, but I’ve noticed that their fees and interest rates significantly cut into my profits.
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6 January 2025 | 38 replies
Always vet each property thoroughly as the past does not equal the future.
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13 January 2025 | 15 replies
In addition to this, I've had 2 clients this past year tell me they used Airdna in '22 and '23 to see projected and estimated income and was drastically different than actual income made with very comparable properties.
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11 January 2025 | 67 replies
The issue there is the current prices and CA laws - for the past year I've been struggling to find a property that's somewhat turnkey and that would at least break even...
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3 January 2025 | 12 replies
I don't think that's too crazy of appreciation, given the market the past few years.That said, the house does need some work.
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14 January 2025 | 19 replies
I had a few years where all my leads came from there, and this past year not as many.
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4 January 2025 | 11 replies
New Jersey taxes are going up, but at the second slowest pace in the past year according to NAR.
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2 January 2025 | 2 replies
You will be able to learn a lot from the forums and past posts.