18 October 2024 | 34 replies
They are very different and believe that's often lost in thought process as well because utilizing debt responsibly is a valuable tool in real estate.
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13 October 2024 | 5 replies
Jay, that is very valuable information.Â
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16 October 2024 | 13 replies
The most valuable team members are those who understand the compliance side of Section 8 well and can help navigate that process.Property Management: Managing Section 8 tenants comes with its own challenges and benefits, especially in communication with the housing authority.
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12 October 2024 | 2 replies
The author and article suggests to utilize the climate risk data before committing to an investment and be familiar with specific risks in your area—whether it’s floods, wildfires or heat waves.They recommend these valuable tools to assess these risks:FEMA National Risk Index – Provides a comprehensive overview of natural hazards across the U.S., including floods, earthquakes, and severe storms.USDA Wildfire Risk to Communities – Offers detailed insights into wildfire risks for homes in specific regions, particularly useful for properties near forests or dry areas.Risk Factor – Analyzes flood, fire, and other climate-related threats for individual properties, giving you a risk score.Climate Check – Delivers property-specific climate risk ratings, covering heat, drought, fire, and floods.Do you consider environmental factors like flood and heat when investing?
12 October 2024 | 2 replies
It’s a valuable tool to help you know if you are building wealth and progressing toward your financial goals.
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14 October 2024 | 14 replies
Networking can provide valuable insights and opportunities.7) Get Pre-Approved for Financing: If you plan to buy property, secure financing by getting pre-approved for a mortgage or exploring other funding options.8) Start Small: Consider beginning with a smaller property or investment, such as a single-family home or a small multi-family unit, to minimize risk.9) Conduct Due Diligence: When you find a property of interest, perform thorough inspections, research the title, and assess potential for appreciation and cash flow.10) Take Action: Once you're ready, make an offer and start your real estate journey.
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11 October 2024 | 17 replies
Seeing how they’ve handled similar projects—especially when things didn’t go as planned—can give valuable insight into their problem-solving skills and reliability.How do you usually gather this kind of information?
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11 October 2024 | 6 replies
Starting small is okay; it's all about gaining experience and building from there.Networking is also super valuable, so get involved in local groups or forums (other than BiggerPockets).
10 October 2024 | 0 replies
Oftentimes, mobile homeowners will roof their home with a shingle or steel roof for added visual appeal and water protection.
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10 October 2024 | 8 replies
And, they still have questions and need help with certain scenarios every now and then.Bottom line: VAs can be very valuable but need to be properly trained and preferably come with experience like any other hire.Hope this helps!