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21 July 2020 | 12 replies
I know that I do want monthly residual income so renting out MF seems to be the way to go, however I am in Real Estate full time and would need to have a management company taking care of things for me.
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2 August 2020 | 3 replies
means that there is residual contamination remaining at the site and that there are certain use restrictions that must be complied with to ensure the limited cleanup remains protective.
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30 May 2020 | 11 replies
After the 5 years, I effectively own the property free and clear and can reap all subsequent cash flow.The major hurdles with this plan (that I can think of at least) include:- Creating complicated legal documents that attempt to lay out how much cash the seller is owed each month- Finding sellers who are willing to put up with the hassle of this type of transaction, especially for the smaller deals I am looking forThe biggest 'pro' to this idea, however, is that the seller gets residual income for 5 years (which may seem like an eternity to some people) and I, the buyer, accomplish my objectives in acquiring homes w/ less money down and setting myself up for cash flowing properties in Years 6 and beyond.
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18 May 2020 | 1 reply
I bought rentals when I needed stability and residual incomeNow I buy flips to cure the boredom that my rentals gained me ;)
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19 May 2020 | 14 replies
I've found in tight under sink spaces with short stubs it prevents disposal/dishwasher water floating/pushing residue up into the sink.
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22 May 2020 | 1 reply
There are lenders that consider a lower score but you must have residual income vs your DTI 60%+ and the loan must be manually underwritten for it to pass.
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29 May 2020 | 2 replies
I don't want to spend all my residual time marketing, researching foreclosures and auctions, cold calling, and competing.
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5 June 2020 | 5 replies
Ours is basically on autopilot, paying for itself with a nice residual left over too.
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14 October 2020 | 28 replies
Residual income and relationship value and staying true to self will have to win out.
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27 August 2020 | 11 replies
I've had pro for about a month and have used to calculator to run a few scenarios and it's been really cool, now i really want to dig in and start renting properties out for residual monthly income.I usually shy away from communicating on forums but every bp podcast says "engage in the forums and get your face/name out there" so here I am!