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5 November 2024 | 3 replies
The brick construction is a plus for durability, but check for any signs of foundation issues, especially if the property has settled over the years.Be sure to budget for updates to key systems—plumbing and electrical upgrades can be pricey but crucial for tenant safety and modern functionality.
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19 November 2024 | 111 replies
I actually believe the complete opposite because of several different life experiences.I just encourage EVERYONE to do their own research and think long and hard about every aspect of carrying or not.
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11 November 2024 | 65 replies
I know a lot of the TK sales organizations glossed over this aspect years ago but everyone of them has a license these days..
7 November 2024 | 12 replies
For example, tenant selection is crucial to minimize issues down the line, and it's essential to know fair housing and landlord-tenant laws, especially if you’re considering investing in a state like California with stringent regulations.You may want to consider starting with one property and exploring property management services if things get busy.
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9 November 2024 | 9 replies
Also, with QBO, it is seamless to hire a bookkeeper to deal with the bookkeeping aspects of it since they can do it remotely from anywhere.
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6 November 2024 | 5 replies
Take care, Pat & JasperTurning investment visions into REALITY in Phoenix, AZ - Ranked #1 for residential real estate growth and opportunity by PwC I completely agree—housing affordability is such a crucial issue, and it’s fascinating to see how Austin’s zoning efforts are reshaping the landscape.
4 November 2024 | 1 reply
Starting your journey into LTRs and flipping is exciting, and creating solid business and marketing plans is crucial for your success.
5 November 2024 | 5 replies
It’s crucial to communicate with your lender before making any moves.Future Property Acquisitions: When you acquire additional rental properties, consider purchasing them directly under the LLC.
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6 November 2024 | 2 replies
The aspect of buying and selling without the headache of repair, remodel or tenant issues is what I find the most appealing.
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7 November 2024 | 18 replies
Utilizing these resources is a great way to build a strong foundation in real estate investing.Accountability and SupportOne of the unique aspects of the Partner Driven program is the hands-on support and accountability we provide:100% Financing: We cover the costs of acquiring and rehabbing properties, which can be a significant advantage for many investors.Ongoing Coaching: Continuous support and mentorship to help you navigate your deals and grow your business.Profit Sharing: We operate on a 50/50 profit split, sharing both the risks and rewards.Combining ResourcesWhile free information is invaluable, having a structured program can also offer dedicated guidance and accountability.