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29 January 2025 | 11 replies
Try to see the property yourself if you can (was out of state initially).
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13 February 2025 | 2 replies
However, it’s important to ensure the seller is comfortable with the terms and that the property cash flow can support the agreed-upon monthly payments.Seller financing can be a good strategy to grow your portfolio with less initial capital, especially if you're able to increase the property's value through improvements (forcing appreciation).
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18 February 2025 | 180 replies
Initially they said they would make payments to me and crap like they have millions in assets, just no liquid assets.
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5 February 2025 | 2 replies
@Abel Curiel, When I first drove by this property in my initial search it caught my eye...out of the 100 or so properties i had on my initial list this is the only one that I had memorized the address of.
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12 February 2025 | 3 replies
Any brokerage can be the right fit for you so long as you commit to taking initiative and putting in the work.By 'work', I mean income-producing activities (lead generation and follow-up) i.e. cold calling, door-knocking, contacting your sphere of influence, networking, hosting open houses, running online advertising, marketing (paper or online), or anything else that will get you in front of prospective clients.My first broker rarely answered my phone calls and by the time she responded, I'd often already have the answer I was looking for.
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4 February 2025 | 5 replies
This creates a negative initial position.
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6 February 2025 | 6 replies
the value added versus cost to add, especially in single family zoned areas, typically results in a large negative initial position.
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12 February 2025 | 16 replies
You'd also need to establish a budget, and secure a master insurance policy. i THINK you need to do these things before reaching out to your municipality to have it converted officially with the county or city but they would be the first ask for steps in order.i will add, this would make financing on these units a bit challenging, as in the mortgage world, at least initially, they would be considered "non-warrantable" condos.
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12 February 2025 | 0 replies
The initial plan was to do minor cosmetic things and bring the kitchen and bath up to date but not knowing this fact made our $5,000 budget go to $50k costing us the two year full rehab.
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12 February 2025 | 3 replies
My career has been centered around helping businesses scale through strategic sales initiatives, but I’m now channeling that same drive into real estate investing to build long-term wealth.My wife and I are in our early 40s, both work full-time, and are raising four amazing kids.