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21 May 2024 | 1 reply
They prioritize properties with versatile layouts and multifunctional spaces that can adapt to their evolving needs, whether it's a home office, workout area, or entertainment space.
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20 May 2024 | 5 replies
Do thorough research before you buy anything, prioritize risk management, and engage in ongoing education.Good luck!
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22 May 2024 | 30 replies
---Coordinating their schedules to prioritize & handle on the fly, hundreds of Work Orders each month?
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20 May 2024 | 3 replies
Plus there is so much competition from tons of people trying to get into wholesaling, not to mention the big players already getting the lions share.
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19 May 2024 | 2 replies
It was during this challenging time that I made a decision to prioritize saving money on a monthly basis.
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20 May 2024 | 13 replies
After a couple deals you do like that with a key player, tell them that from now on, you would like to manage the project yourself.
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19 May 2024 | 15 replies
We prioritize OUR lifestyle and free time over income.
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19 May 2024 | 3 replies
Here are some pros and cons of each approach to help you decide:Paying Cash for One Home and Refinancing LaterPros:No Mortgage Payments: You won't have monthly mortgage payments initially, which can reduce financial stress.Equity: You own the home outright, giving you full equity which can be used for refinancing.Lower Costs: No interest payments and possibly lower closing costs compared to having a mortgage.Better Negotiation Power: Cash buyers often have more negotiating power and can close deals faster.Cons:Opportunity Cost: Your cash is tied up in one property, potentially limiting your ability to invest in other opportunities.Refinancing Risks: Future interest rates may be higher, making refinancing more expensive.Market Fluctuations: Property values might decrease, affecting the amount you can refinance.Buying Four Homes with 20% Down on EachPros:Diversification: Owning multiple properties diversifies your investment, reducing risk.Rental Income: Potential rental income from multiple properties can generate cash flow.Appreciation: You benefit from the appreciation of multiple properties.Leverage: Using mortgages allows you to leverage your investments, potentially increasing your return on investment.Cons:Higher Debt: You'll have multiple mortgage payments, increasing your debt and financial obligations.Management: Managing multiple properties can be more complex and time-consuming.Market Risks: Market downturns can affect all properties, amplifying risks.Cash Flow: If rental income is not enough to cover mortgage payments, you could face cash flow issues.Considerations:Financial Stability: Assess your current financial stability and ability to handle mortgage payments and potential vacancies.Market Conditions: Consider current and projected real estate market conditions and interest rates.Investment Goals: Align your decision with your long-term investment goals and risk tolerance.Professional Advice: Consult with a financial advisor or real estate professional to get personalized advice based on your specific situation.If you prioritize lower risk and less debt, paying cash for one home might be the better option.
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22 May 2024 | 48 replies
My Experience with Upside Investments:As someone who prioritizes my time but recognizes the potential for wealth creation in real estate, the idea of traditional, hands-on investment wasn't ideal.
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19 May 2024 | 9 replies
That way i see it unfold in real time, I understand the necessary systems to have in place, the right players to have in my team, etc.