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12 February 2025 | 27 replies
She was being diplomatic and didn’t say specifically it was me and the other Multi Family Mindset student but we got the impression he was trying to get us pushed out of it so he could move in and get a bigger percentage.A month or so went by and then next thing I know we had to learn by a social media post that my Multi Family Mindset coach had a new deal with the two former students who we had partnered with on this same deal.
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3 February 2025 | 7 replies
Do not rely on it for legal advice.
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5 February 2025 | 5 replies
Compare this to other hard money lenders to ensure you’re getting a competitive deal.Reputation: Before working with any lender, it’s crucial to check reviews, reach out to other investors who’ve used them, and potentially even meet with them in person.Experience with BRRRR: If possible, find out if they have experience funding BRRRR projects specifically.
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3 February 2025 | 2 replies
I'm currently diving into some older BiggerPockets content from around 2015, specifically The Book on Rental Property Investing by Brandon Turner.
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13 February 2025 | 8 replies
That is "true"....Here is the bottom line, and I am going to skip over the entire foreclosure process unless someone specifically asks.
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1 February 2025 | 5 replies
What specific questions do you have?
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4 February 2025 | 14 replies
@Kristin MathernI would pay it given no keys were provided, it wasn’t specifically addressed/mentioned in your lease, you were provided the opportunity to address/fix yourself with a 25-30 dollar replacement from Lowe’s/Home Depot, and lastly, it was an existing situation that could have been avoided/prevented at move in.
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18 February 2025 | 51 replies
If there's ever a specific property you want a second opinion on, I'd be happy to provide it to you. happen to see your reply and I currently own a several SFH in Springfield, I wonder if you can refer several good property management which I try to automate the whole portfolio?
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12 February 2025 | 29 replies
Legally, my investment is now depending on Aloha's action.
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27 January 2025 | 7 replies
. - Taxes are on the higher side at $6,000 yearMy Numbers: $115,000 putting 20% of my money $23,000 and finance the rest with total expense of $1,834Monthly expense numbers: Future Maintenance 13% $273 - Vacancy 5% $105 - Property Insurance 5% $105 - Property Taxes 23% $500 - Property management 10% $215 - Office/Travel/Legal 4% $84 - Mortgage 26% $552 - Monthly Cash Flow - $316 per month or $3,792 per year so Cash on Cash = 17%I think this looks like it is a deal worth doing and I also believe I can bump the total rent up by $50 each tenant which I think make it even better.