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24 January 2025 | 0 replies
Common sources of such properties include:Foreclosures: Homes that have been repossessed by banks due to non-payment.Distressed Properties: Homes that are in poor condition and need a lot of work.Auctions: Properties sold at auction for below market value.Off-market Deals: Properties that aren't listed on the MLS but are available for sale through direct outreach or networking.The key is to buy a property at a price low enough to ensure that even after renovations, the home will appraise for a higher value.2.
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22 January 2025 | 56 replies
Her health is OK, but it's going to drop quickly if we don't find a way to get her active and lose some weight.
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17 February 2025 | 71 replies
Yup for most of the Usonians the loads of wood used is cost prohibitive now and hard to source.However, I thought about this one as an example of a build with simple materials (steel and concrete block) that are not in themselves expensive to source that can achieve a beautoful design (with great effort of course by designer and builder) at low cost and scale.
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19 January 2025 | 7 replies
Is there a way to have No money Down or Low money down?
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20 January 2025 | 7 replies
The value of your SDIRA may be too low, but I'd recommend Gary Mobbs at South Star Bank in Gonzales, TX.
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23 January 2025 | 5 replies
If you're just starting, focus on free or low-cost resources to build your foundation, and consider mentorship later if you need personalized guidance or want to accelerate your progress.Good luck!
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15 January 2025 | 11 replies
All original tenants were long term low rent tenants.
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4 January 2025 | 1 reply
If you’re looking at retrofitting to separate heating for each unit (like furnaces or mini-splits), you might be looking at a higher upfront cost, but it can shift utility expenses to tenants and improve your NOI.I’d factor in boiler age and efficiency when analyzing deals and if it’s near the end of its life, negotiate a price reduction or a credit.
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18 January 2025 | 15 replies
Rates are high, usually in the high 8s or low 9s, and you may pay 2-4 points on the loan.
13 January 2025 | 7 replies
With a low 4.75% rate but minimal cash flow ($50–$125/month), your equity could likely work harder elsewhere.