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10 February 2025 | 24 replies
By the time I received the subsequent emails, I stopped reading them because I realized they were of no value.
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10 February 2025 | 12 replies
You need to pad both time and cost contingencies.
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11 February 2025 | 7 replies
The time to close might be harder I would look at heloc.
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12 February 2025 | 5 replies
Using 50% rule (expenses excluding P&i is 50% of rent) here are the numbers;1800 (rent) - $900 (expenses) - 1468 (heloc) = negative $568/monthAt your rent point with that size unit, your expenses will ve less than depicted by the 50% rule, so let’s use a likely more accurate 40%1800 - 720 (expenses) - 1468 = negative $388/monthNow let’s imagine you self manage and you time is not worth anything (I strongly recommend believing your time is worth less or worth less than a quality PM would charge) with 8% further reduction so expenses are down to 32%1800 - 576 (expenses) - 1468 = negative $244/month.
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19 February 2025 | 14 replies
You've spent an incredible amount of time and resources in Jackson based on your figures.
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19 February 2025 | 3 replies
This is where I spend most of my time.
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17 February 2025 | 5 replies
While I don’t know their program or them, I’ve yet to see a mentorship program that cuts the time necessary to obtain the knowledge required; that has a monopoly on any tactic, strategy or technique that’s not common knowledge; and or that provides any ongoing “help” that’s anything but “basic”.If you’re not well versed in principles, finance, and law, either read books on these, attend college classes, or take a course(s) leading to real estate broker (salesman) licensure.
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22 February 2025 | 29 replies
I'm sure there are some slight technical differences, they won't tell you about until it is time to deny the claim.
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22 February 2025 | 0 replies
Finding a trustworthy contractor is crucial as I build my team remotely.I'm looking for a contractor who:Has experience with full-scale renovations.Is reliable, communicative, and meets deadlines.Can provide references from past clients.Is familiar with Birmingham's permitting and inspection processes.Any recommendations or insights you can provide would be immensely helpful in building my team.Thank you for your time and expertise!
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15 January 2025 | 39 replies
Recognize initial cash flow is likely at an all time worse. 3 recent studies show that the rent to value ratios are at an all time worst.