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19 December 2024 | 82 replies
I see (and endorse) the analytical, structure-side of what you are saying, and ultimately, like I said before, I appreciate your post.
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2 December 2024 | 3 replies
Scope creep is a huge problem and the more you learn up about the project up front, the easier it is to figure out what actually needs to be done and avoid surprises (or pass on deals that need more than you initially think): https://www.biggerpockets.com/blog/due-diligence-ultimate-gu...I highly recommend building a contingency (I do 20%) into your rehab budgets for unexpected issues.
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2 December 2024 | 8 replies
Where I would ultimately like to end up is with multiple properties that I rent out, even on an international level, as I love to travel.In order to achieve my goal: What strategies could you all recommend?
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7 December 2024 | 9 replies
This will usually lead you directly to low barrier stagnant markets where the cash flow represented in your spreadsheet does not transfer to reality and the most of the equity is "paper equity" because you will never see it materialize yet many look at completing the BRRRR as the ultimate success.I recognize I am using some assumptions but let's assume you have $100k to invest and purchase and renovate a home in MARKET A for $400K but once renovated the home is worth $500K.
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11 December 2024 | 68 replies
And most times, if you have that grind mentality, they will feel somewhat threatened by you ultimately becoming their competition (unless of course they are retiring or getting out of the business).I hope this somewhat helps.Georges Franco
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5 December 2024 | 7 replies
Maybe someone can shed light on agreements such as this.TIA This ultimately comes down to your relationship with the broker.
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3 December 2024 | 4 replies
Start with BiggerPockets Ultimate Beginners Guide (free).
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8 December 2024 | 10 replies
Your loan agreement will ultimately dictate what you can and can't do with the property.
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2 December 2024 | 2 replies
While this brokerage would start in Ann Arbor, I would want it to expand to all of Southeast Michigan, then statewide, and ultimately nationwide.As flippers/investors, would you be interested in listing with this brokerage?
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3 December 2024 | 3 replies
Ultimately making your side of $1,900 per month go down to $1,220 per month… where can you rent for that much right now…. ?