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14 October 2021 | 5 replies
Is this a retirement goal or a career change goal (or a mix of both). 8.
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30 September 2021 | 4 replies
I would set a year built filter with your other criteria and see what it returns...remove the filter and see if the properties showing are something you can be comfortable with.It's more important to focus on the location and configuration of the property and opportunity for value add than focusing on year built.That said, older properties (if not updated) will always require more work to get stable due to inherent issues associated with the building style and materials...stone foundation, slate roof, balloon framing, ungrounded or unsafe electric, and possible abatement of hazardous materials...
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6 October 2021 | 5 replies
Don campbell real estate investing in Canada 2.0ThenDon Campbell 97 tips for Canadian real estate investorsThen81 financial tax tips for Canadian real estate investors by Campbell and DubeThenReal estate joint ventures - Russell westcottThen Legal tax accounting strategies - Cohen Dube Then Real estate retirement plan - Callum Ross I would recommend don’t buy anything until you’ve read the first 3 at least and don’t pay for any training until you’ve read them all (you’ll be able to spot the grifters better).
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1 October 2021 | 3 replies
For someone looking to retire, that's not a good scenario.He should prepare tax returns and P&Ls for 2018 - 2020 and YTD P&L for 2021 and take that to a good SBA lender or even a local credit union.
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20 October 2021 | 19 replies
@Patrick Thomas Dickinson the simple (and only) answer is to buy as many doors as possible in the most stable and growing market you can find...this would take on the form of a small multifamily property...probably in the 8-12 unit range within 20-minutes of a major metro city....you can find this in Columbus, Cleveland, Cincinnati, Kansas City, Raleigh-Durham, Nashville, Indianapolis, and other comparable cities...they key is finding the property...C-class value add with a strong property manager and you're off to the races...5-year hold with improvements made, operating expenses lowered, and income driven higher means your valuation will come back with enough equity to pull and repeat the process.
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6 October 2021 | 6 replies
First, my goal is to niche in one market that I currently live in and grow my business around where I want to retire.
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12 October 2021 | 9 replies
Much better than a FHA loan. 3) On the VA loan, you can also use the BAH on the loan if you are active duty, or if you get disability income if you are retired you can use those to qualify.
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1 October 2021 | 1 reply
Yes, leveraging would be a better return - but I'm 46, retired, no W-12 income.
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3 October 2021 | 10 replies
A few facts about me: we got some funds from a med mal settlemwnt, but not enough to retire on. because of her situation, I really cannot be on-site as often as I'd like, but I help out where I can.
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23 December 2021 | 20 replies
Low crime, great schools, and our tenants have been very stable.