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25 November 2024 | 12 replies
I got opposing opinions on below and wanted to get what others know (or do) on the subject.
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3 December 2024 | 3 replies
It’s great to see you diving into real estate investing, especially with a focused strategy like BRRRR and flipping.
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4 December 2024 | 0 replies
It is less than an acre, but zoned for multi-family residential development (town-homes, condos, apartments, etc) Having never been, I know nothing of the potential in Delta Utah.
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17 November 2024 | 5 replies
Solid work, that was the best move to keep it straight through escrow.
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17 November 2024 | 13 replies
Charlotte is loaded with inventory are you sure this new build at Max cost is worth the headache versus a home selling for less that you can renovate yourself and increase the ARV?
15 November 2024 | 4 replies
Here’s the quick-and-dirty lowdown to get you started:1️⃣ Where to Look:LoopNet & Crexi: Good for commercial deals, though the best ones go fast.MLS (Multiple Listing Service): Access through a realtor for hidden gems.Auction Sites: Think Auction.com or HUD homes for distressed properties.Direct Mail Campaigns: Target landlords with older properties (especially those with code violations).2️⃣ Systems for Finding Deals (Step-by-Step):Set Your Criteria: Market, budget, unit count, rehab level.Build a Deal Funnel: Use LoopNet, Crexi, wholesalers, auctions, and brokers.Analyze Quickly: Use a property calculator to see if it cash flows.Direct Outreach: Contact sellers or property managers directly.Get Your Network Tight: Property managers, realtors, contractors—they’ll drop the best leads.3️⃣ What Makes a Good Deal:Cash Flow Positive from Day 1.Below Market Value (usually needs rehab).Upside Potential: Think rent increases, better management, or refinancing options.4️⃣ How to Become the Better/Best:Study the Market Like a Hawk.
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18 November 2024 | 14 replies
There are local firms that will do it for you with the cost of about 1/3 the tax savings.
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15 November 2024 | 3 replies
You may be able to generate cash by listing it for fractional ownership on lofty.ai.
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25 November 2024 | 7 replies
If you do take on new debt or collections during this time, the lender will see and it will require that it be accounted for in your DTI (unless this is a DSCR loan).
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25 November 2024 | 14 replies
Do you have friends or family local?