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6 January 2025 | 2 replies
In addition to those I would also suggest making a commitment to going to local meet ups and networking events in your area.
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12 January 2025 | 12 replies
Hey Stefano Vrolijk,Speak with a local mortgage broker and get pre-approved for a loan.
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6 February 2025 | 34 replies
I like markets with diverse job drivers, and it is always helpful to have major corporations locally.
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3 February 2025 | 8 replies
It’s a great way to get your feet wet in real estate while building equity.
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3 February 2025 | 3 replies
The seller offered financing with 20% down, which I used to buy the place.After starting construction and realizing it was going to cost more than expected, I approached a small local bank that knew the property and would offer the rehab financing.
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12 February 2025 | 7 replies
Hi @Ashley C.I am local investor and have built several new construction projects here in Atlanta.
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12 February 2025 | 5 replies
Some general pros v cons - I'm sure other people will provide other insights as wellPros: -Above market rents- Monthly rent payment on time that you don't have to worry about or chase anyone down for (if full pay)- No shortage of tenants depending on your standards - Tenants are incentivized to not trash/destroy the unit, otherwise they'll lose their voucher (Yearly inspections made by local S8 inspectors to keep everyone honest- Rental payouts are normally adjusted 1-2 times a year to keep up with market rentsCons:- May take a little while to get onboarded - dealing with local govt can always take longer than expected - Generally won't have a super high credit score (to be expected given it's the govt paying for rent)- Each unit will need to be inspected and meet a certain living standard in order to be approved for fundingYou'll want to make sure you work with a property manager who has extensive experience in working with S8.
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13 January 2025 | 0 replies
If you’re wondering how much equity you’ve built or how you can use it to meet your goals, connect with a local real estate agent to explore the possibilities.
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26 January 2025 | 10 replies
As long as the wholesaler is direct with the seller and the deal is real, go for it.
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27 January 2025 | 13 replies
@Michelle Wang Ever hear: "If you think YOU CAN or You think YOU CAN'T, YOU'RE RIGHT"IMHO I've found this to be true in Real Estate Investing.