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9 October 2024 | 1 reply
Here are a few tips to help you score that first deal:Network: Join local real estate groups and online forums like BiggerPockets to connect with other investors.Find Motivated Sellers: Look for distressed properties and consider sending direct mail to homeowners facing tough situations.Research the Market: Know your area’s property values by analyzing comparable sales using sites like Zillow or Redfin.Craft Compelling Offers: Highlight the benefits of a quick sale to sellers and consider a solid earnest money deposit to show you’re serious.Market Yourself: Use social media to share your journey and post flyers in local spots to attract leads.Stay Persistent: Rejection is part of the process, so learn from it and keep refining your approach.With your big business mindset and hard work, you’ll make it happen!
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9 October 2024 | 1 reply
Generally down, likely, but do you have an idea of where the sweet spot to refinance would be?
10 October 2024 | 0 replies
You’ll occasionally spot For Sale By Owner signs on lawns.
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9 October 2024 | 39 replies
I think it might be a sweet spot for my price range.
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10 October 2024 | 28 replies
It seems like the condo you linked is almost geared towards short term rentals, so you should be in the clear on this specific situation. 2) I would take a look at some STR data either via a dynamic pricing software (pricelabs, wheelhouse, etc.) or take a look at Airdna to take a look to see what is the “sweet spot” is in terms of size of rentals in your market.
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14 October 2024 | 31 replies
There are some nice small things on the market that have already been re-habbed and it seems like I could pay that premium for things I lack at this moment and still move forward to build confidence in properties where I need to develop the team for adding value to my next properties.Also, I think Memphis is a cool spot-hope that works out really well for you.
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8 October 2024 | 8 replies
If you don't have a lot of outdoor possible trouble spots like decks, pools, hot tubs etc.
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12 October 2024 | 25 replies
Mail people that appear to be in a tight spot - i.e. 90 day notices, unpaid taxes, ect.
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7 October 2024 | 5 replies
You can set specific criteria to spot underpriced homes, distressed properties, or anything that’s flown under the radar.I know several investors have had more luck with using water shut off lists, so while it's more work, that might be an even better approach.One thing to note is that Privy compiles real-time MLS data and integrates public records, so you’re not just getting a snapshot of the listing status but a full picture, including owner history, property condition, and any price drops over time.That said, if your focus is primarily on expired listings, I'd also suggest checking out RedX—they’re known for their niche in expireds and FSBOs.
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9 October 2024 | 23 replies
If you are buying a single family house, two trips per year will likely eat up all your "free cash flow", so you might as well have it be a place you would go anyways to visit family, or near a vacation spot, etc.