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27 February 2024 | 6 replies
Might just depend on your situation though.
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26 February 2024 | 7 replies
I cannot stress that enough.
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27 February 2024 | 0 replies
Take time to think about what you want to say or ask when put in a difficult situation.
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27 February 2024 | 5 replies
Even though they cover all the costs, you'll still have to pay for closing expenses, about 3-5% of the loan amount.These loans are better for people who know their way around real estate, not so much for first-time buyers or those new to this game.Talk to a money expert, check out different lenders before you decide, understand all the risks, and look into other options like FHA or VA loans—they might be a better fit, depending on your situation.
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28 February 2024 | 31 replies
The tree situation wouldn't keep me from purchasing the house if the deal was good enough to cover mitigation.
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26 February 2024 | 14 replies
I have maybe an interesting situation/thought.
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26 February 2024 | 12 replies
Hi Rachel,I'm sorry to hear about this situation.
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26 February 2024 | 10 replies
It's a VERY crappy situation.
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28 February 2024 | 43 replies
@Yang ZengYour situation presents a common dilemma for real estate investors: deciding between investing locally where you might be more familiar with the market but face high property prices, or exploring out-of-state opportunities where properties may be more affordable but come with their own set of challenges.Here are some considerations:Risk Tolerance: Take into account your degree of comfort and risk tolerance while managing properties remotely.Objectives: Specify your investing objectives, including cash flow, appreciation, or a combination of the two.Market study: To fully grasp the development potential, employment opportunities, and rental demand of prospective out-of-state markets, do in-depth market study.Hybrid Strategy: Another option is to choose a hybrid strategy, where you invest in a combination of local properties for stability and simpler management, and you set aside some of your portfolio for out-of-state properties for diversity.Before making a decision, it's essential to consult with real estate professionals, conduct in-depth market research, and possibly network with local investors in the markets you're interested in.Remember, there's no one-size-fits-all answer, and the best strategy depends on your financial goals, risk tolerance, and personal preferences.
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27 February 2024 | 6 replies
For your situation, multi-family properties and storage units could both be excellent choices.