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25 November 2024 | 13 replies
You are about to learn the hard way (if you had not posted in here), that you are making a mistake with your strategy!
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28 November 2024 | 18 replies
Once they realize the mistake they made they’re too embarrassed to acknowledge this openly so you mainly hear about the cheerful student “success” stories which the next wave of naive victims rely on.
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22 November 2024 | 1 reply
So in your example, buying a trackhoe might grow your business or create greater profit by eliminating some outside costs, or letting you take on bigger projects, or speeding up existing projects, etc (just an example).
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22 November 2024 | 5 replies
To avoid going through the same poor experience, keep reading.Even if someone gives you a referral here, do NOT make the mistake of assuming that the PMC will meet your expectations, just because they met the expectations of the referral source.In our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
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19 November 2024 | 2 replies
Eliminate debt, establish a budget, and save.
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2 December 2024 | 33 replies
Buying with cash simplifies management, eliminates interest, and increases immediate CoC returns but limits scalability and diversification.
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24 November 2024 | 7 replies
You’re making one of the most common—and biggest—mistakes most wholesalers make.If you need to ask, “Is wholesaling still a thing?”
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23 November 2024 | 6 replies
This eliminates the requirement for a new down payment since you are refinancing the existing debt.Lenders typically require:A copy of the owner-financing agreement.Proof of on-time payments (6–12 months).What to Do:Find lenders that offer rate-and-term refinancing for owner-financed properties (portfolio lenders and DSCR lenders often do this).Maintain a clean payment history.”
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22 November 2024 | 9 replies
Non-profit or not, it will be UW as a business...the non-profit designation doesn't eliminate the lending review, just makes the proceeds non-taxable in order to be put to charitable use.
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3 December 2024 | 51 replies
I'm hoping there are some other invertors on this forum that might have some other insight. this is one of the biggest mistakes investors make that own only one property or two.. hanging on in hope to get an extra 75 bucks in rent.. so now you have waiting at least 3 months of vacancy and lets say you should rent for 1400 so thats 150 a month .. how many months will it take to make up 3 X 1400 if you hold out for that extra 100 to 150 a month.