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3 December 2024 | 5 replies
Granite or Quartz on all counter tops including bathrooms.. our up stairs is 9 foot.. and our single levels are 10 foot to 14 foot which NO other builder does in a subdivision type build only custom homes over 1 mil would have that.. flooring is engineered hard wood.. custom cabinets with soft close on all doors in the house..
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3 December 2024 | 4 replies
Looking forward to connecting with fellow investors, seasoned pros, and anyone who’s on a similar path of building wealth through real estate!
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4 December 2024 | 30 replies
Proper bookkeeping now will save you so many headaches during tax season and as you expand your portfolio.Best of luck as you grow your real estate business!
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5 December 2024 | 5 replies
Although my spare time to complete such projects follows seasonal work highs and lows, it would be smart for any type deal I consider to involve adding value myself to the property.With at least 100k (possibly up to 140k) of equity in our home, I have done a fair amount of research in HELOCs and refi.
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10 December 2024 | 17 replies
Let those guys hold out for Jeff Bezos types that want to throw massive chunks of $ at things like cabins in the woods.
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3 December 2024 | 3 replies
Phase #1 - Recovery - characterized by high vacancy rates and no new construction- rent, during this phase, is flat or declining- owners offer rent concessions to avoid their property occupancy rate from decliningPhase #2 - Expansions- characterized by declining vacancy and the start of new construction- occupancy improves, concessions are not being offered, and rental rates being to growPhase #3 - Hyper Supply - characterized by new construction and vacancy rates beginning to rise - rental rates begin to grow at a slow rate- rent concession are being offerred due to the new construction in the area [in the hope of retaining current renters]Phase #4 - Recession - characterized by the completion of construction and a decline in occupancy rates - concessions are abundant to avoid high move-out rates Here are some foundational truths about optimizing your investments:#1 sow seeds of success in the down times - "The season of failure is the best time for sowing seeds of success."
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10 December 2024 | 25 replies
Very nice people there in that neck of the woods.
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5 December 2024 | 31 replies
Many seasoned investors are willing to share insights, and shadowing someone experienced can fast-track your learning curve.You’ll also want to familiarize yourself with the numbers behind successful flips—acquisition costs, renovation budgets, and after-repair value (ARV).
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8 December 2024 | 21 replies
I even see seasoned investors enroll in the program because they get more deals faster.
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3 December 2024 | 3 replies
However going into what is normally the slow season, I am concerned about occupancy.