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29 January 2025 | 107 replies
Nothing is truly "passive" and a big misconception with new folks wanting to enter the real estate arena.For example, just bought a 6 unit using leverage and trying to secure a loan was a disaster of a process.I can only imagine what others have to go through on every time they purchase a property using leverage.But then again, I'm bias to the "cash only" approach.The constantly changing conditions, terms, keeping tight bookkeeping records and tax returns in order and regularly manipulating the BS credit score algorithm.Placing good tenants is more a skill then hope.It took me 10+ years to fully wrap my head around using leverage the right way and being able to "manipulate" the system to get better rates with a quicker turn around.Keep being great thanks for your reading and replying to my comments 🙏
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17 December 2024 | 13 replies
He regularly shows recent deals & breaks them down.
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13 December 2024 | 3 replies
Once approved, your business can promptly begin running soft credit pulls on clients.For more detailed information, you can refer to Soft Pull Solutions' guide on setting up business credit report access.
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16 December 2024 | 19 replies
Quote from @Adam Bartomeo: @Brandon Croucier That isn't correct... state laws allow you to enter the property within certain time periods, normally 24 hrs, with or without permission.That’s not what I was referring to, I was referring to evicting them.
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10 February 2025 | 132 replies
It's gotten to a point where C/D located properties in the Midwest are now referred to in these forums as "Midwest Cash Flow Properties", as if a new asset class has been created.
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19 December 2024 | 28 replies
I have a special fondness for I-found-a-pile-of-gold-in-a-crapshack-basement-help-me-invest posts.I've been a regular contributor for years.
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16 December 2024 | 3 replies
Trust that RTR is referring you to good companies, but just verify.
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11 December 2024 | 16 replies
@Jonathan CooperThe regular depreciation over 27.5 years will be prorated.
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13 December 2024 | 17 replies
@Jason Tucker Yes, you can't turn them away because of their sex but I've seen some investors who have multiple rent by the room properties "refer" someone to one unit vs. the other.
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10 December 2024 | 13 replies
Worth checking out for SFRs.Hadn't heard about them and looking for a place to refer our clients - thanks, will check them out.