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10 January 2018 | 3 replies
Since June 2017, I have sold 3 properties so far.I came to a realization about 2 months ago which ultimately led me to switching brokerages, that INVESTING in real estate is a much better way to build long term wealth and accumulate money rather than chasing potential buyers and sellers.
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19 January 2018 | 14 replies
First off, I would take a good hard look at where you are investing, if the prices are decreasing, then it is time to look at a different location, because even if you sell your house, and all you have are expensive properties which are going to loose value, than you are going to be stuck chasing your tail, and making minimal profit.Once you have figured out where and if you would like to continue investing in real estate, than you can map out a good solid plan, and if the plan includes selling your property, I would offer your tenant first option to buy, eventhough your tenant is getting a divorce (or maybe is divorsed by now) I would extend the offer to him, you never know he might be willing to partner up, and maybe house hack a duplex or quadplex with you.
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18 January 2018 | 12 replies
Some ideas:- Answer phones- File paperwork- Process mail- Enter bills for payment- Market available rentals- Answer calls about rentals- Schedule / attend showings- Accept / process applications- Fill out contracts- Conduct move-in, periodic, and move-out inspections- Collect rent, chase down late tenants- File lease violations, 3-day Pay or Quits, Evictions, etc.- Market for new businessThis is just an example.
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6 February 2018 | 10 replies
Don't go chasing bonuses... and keep the thought of "what would this rate do in the civilian world" in the back of your mind.Save away, but get e4 and a more perm station before you focus on investing...At least you're interested in real estate though and not new car like the others lol....
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17 January 2018 | 4 replies
I personally love chasing after sellers and negotiating with them and then being able to bring great deals to my rehabbers and get paid quickly.
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19 January 2018 | 23 replies
If you want to be successful in real investing, don't chase the money - be there when the money arrives. https://www.desmoinesregister.com/story/news/2017/03/23/des-moines-fastest-growing-city-midwest-census-says/99502922/
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18 January 2018 | 14 replies
You should also check out Chase Thompson's podcast, Note MBA.
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20 January 2018 | 45 replies
Thanks so much for the plethora of ideas and information to chase down.
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19 January 2018 | 5 replies
Never ever ever make your clients (the property owners) have to chase you down.