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5 February 2025 | 3 replies
Sounds like you need to have a relationship with a couple of good contractors, 40k for vinyl siding sounds high, what was the material cost.
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25 February 2025 | 8 replies
In 2020/2021, when rates were at all-time lows, this area was super hot, like most other Atlanta markets, and investor demand was high.
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29 January 2025 | 18 replies
These homes may be dated, but they can be decorated to a high standard.
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5 February 2025 | 4 replies
Definitely a strong location with great visibility and high foot traffic.Since it’s a NNN, your expenses are minimal, but if LazyDog ever exits, buildout costs will depend on lease terms and the next tenant.
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29 January 2025 | 7 replies
This deal looks really solid to me, but I have only been looking at rental properties as high as $600,000 in discussion with my lender.
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25 February 2025 | 7 replies
Pairing this with a multi-year acquisition/cost seg strategy (accelerating depreciation) is how high earners in growth mode can significantly reduce their tax bill.
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4 February 2025 | 7 replies
I'm starting to acquire furnishings and am looking for a checklist of sorts to help keep myself organized as I seek the best deals on high quality goods to furnish our rental.
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17 February 2025 | 13 replies
I was able to fund a brrrr deal using 0% interest rate business credit cards ($95k across different cards), I didn't have to deal with lenders and their high interest rates or their draw request process to access renovation funds.
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10 February 2025 | 5 replies
Since your property has high resale potential, some lenders may be willing to work with you.Cash-Out Refinance – If you’re open to refinancing, you could take out a new mortgage for a portion of the home’s value (say, 60-70% of the $500K), and use the cash difference for renovations.Personal Loan – If you have good credit, you might qualify for a personal loan for part of the rehab costs, though interest rates are typically higher than secured loans.Partner with an Investor – Given the potential profit, you may be able to find a real estate investor or contractor willing to finance the rehab in exchange for a share of the profits upon sale.Your best option depends on your financial standing, timeline, and risk tolerance.
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29 January 2025 | 7 replies
For cash flow, I'd recommend checking out the Triad (Greensboro, Winston-Salem, High Point) or Fayetteville in NC and Sumter and Florence in SC.