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19 February 2025 | 6 replies
-Explore builder-financing programs, private lenders, or hard money lenders who may focus more on the deal itself rather than personal experience.If you can demonstrate successful project management and a solid business plan, funding will become easier over time.
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14 January 2025 | 5 replies
There are a lot of websites that offer the course online, or if you have a college near you, they also typically offer a class that satisfies the pre-licensing requirement.
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19 February 2025 | 8 replies
It’s harder to BRRRR in the Tulsa area now due interest rates, you definitely have to buy at a great discount in order to be all in low enough toget all of your money out and the rents have to be high enough to still cash flow after all expenses (PITI, Mgmt, Vac’s, Rep/Maint, CapEx, HOAs, Util).Based on being “all in” $120K in order to BRRRR and still cash flow at least $300 mo:$120K cash out amount - at 7%/30 yr ($150K+ ARV)PI = $800 mo + Taxes $150 + Ins $150 = $1100mo PITIRENT would have to be at least $2000 mo- $1100 PITI- $200 mgmt (even if self mng, it’s exp for time)- $200 vacancies- $200 Rep/Maint & CapEx= $300 mo cash flow.
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6 February 2025 | 2 replies
Plus, that is the cheapest that money will ever be for you. 2.65% interest rate?
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15 February 2025 | 3 replies
Combination of own capital, hard/private money lenders, partnerships and raising outside capital.How do you add value to these deals?
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21 February 2025 | 2 replies
I ending up burning some money for the things you described (NAR membership, brokerage fees, quarterly MLS charges, etc), just a lot of things I found I wasn't getting any value from, I decided to simply put it on full stop and take a year to really reallocate and figure out what I needed to do.
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14 February 2025 | 4 replies
I've found the people who want to charge for their time and "mentorship" typically need the money because they are struggling- maybe not the best person to take financial advice from.
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15 January 2025 | 4 replies
Look for your states offer to purchase contract online or contact a realtor to get a blank copy. review the agreement to be sure assignment is not expressly excluded. if there is nothing excluding assignment from the contract then writing the words "/And or Assigns" after the name or company's name on the buyer's line should be sufficient.Good luck!
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15 January 2025 | 5 replies
Do you have the case online?
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13 February 2025 | 22 replies
Can you spend money on a CRM, automations, VA calling service, a VOIP phone system, etc?