13 January 2025 | 7 replies
. $50/mon cashflow is essentially breaking even and even with the $125/mon you're not cashflowing enough to justify the risk, i don't think.
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10 February 2025 | 1 reply
I currently have a duplex and the first support needed will be taxes for 2024.My goals over the next year are to purchase another 2-4 unit complex as well as establishing a long list of leads and maybe getting under contract for a fix and flip.
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6 February 2025 | 4 replies
I own a wellness facility, but also invest in real estate, and help investors.
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10 January 2025 | 8 replies
There aren’t many residential development companies operating at this level, which reduces competition and risk.
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4 January 2025 | 14 replies
Because their investments do NOT have a higher enough ROI adjusted for risk.
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9 February 2025 | 11 replies
Quote from @William Penn House Jr: I just got off the webinar and fell for the OKEDOK, It was clearly stated the they would charge only $197 tioday as well as monthly and that would include everything.
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9 February 2025 | 19 replies
Being abroad adds risk to your file and terms will be effected in some way or another.
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7 January 2025 | 5 replies
Hello Kyle,When screening applications for the properties that I manage, I always look for:- Income of at least 3 times the monthly rent (verified through the employer)- Credit score of 580+- Rental verification with past landlords (no outstanding balances, no late payments, and the property left in acceptable condition)- No history of collections, evictions, or criminal offenses- No overdue debt (except medical debt)I have found this screening standard very helpful when finding tenants who pay on time and treat the property well!
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6 February 2025 | 5 replies
I would suggest you hire an inspector as well as have a general contractor go out to the property.