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28 September 2020 | 7 replies
Some of the data points I'm evaluating are:Population growth rateUnemployment rateJob growth rateWage growth rateMedian housing priceMedian rentI'm wondering where to find the best online data sources.
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27 September 2020 | 1 reply
I don't plan on ever holding or mortgaging the property especially since it won't cashflow.In my this sounds like a pretty straightforward play given the steady growth of the area's tech sector which I believe will actually be accelerated given a lot of tech companies are looking to open satelite offices in Canada due to the encouraging adoption of remote work, cheaper and abundant tech talent and uncertainty of american immigration causing a lot talent to move to Canada.The biggest risk I see is whether or not the specific property I buy will be in demand in 3 years:Who are the demographics that will actually be buying homes… not the 22-24 year old coming out of school and working at a tech companies but perhaps the late 20s to 30s folks who are settling with a partner and kids.
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8 October 2020 | 24 replies
You'll strengthen cash flow, have cash buying power for continued growth and open up 2 more slots for more property.
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28 September 2020 | 0 replies
It's going to be the fastest real GDP growth for any quarter since World War II and that is truly amazing.
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30 September 2020 | 6 replies
Plus Asheville airport having explosive growth.
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30 September 2020 | 2 replies
We are a very busy group, but I have no doubts that we can grow the business to the level that we will all be happy with.GOALS:First off, we want to build a business big enough that in the next 5 years, it can replace the income of all of our day jobs.
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5 October 2020 | 11 replies
Finding a cash flow property in the SCV or the SFV is not easy and you will have to hunt for a very motivated seller where you can buy at a good enough discount, fix it up, and have it in an area that would support getting close to cash flow which is no easy task as prices have skyrocketed here (although not as much in SCV).
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28 September 2020 | 0 replies
We are a very busy group, but I have no doubts that we can grow the business to the level that we will all be happy with.GOALS:First off, we want to build a business big enough that in the next 5 years, it can replace the income of all of our day jobs.
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1 October 2020 | 52 replies
It can be a lot more hands on, more capital intensive, and may be a bit more of a task when just starting out.
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7 October 2020 | 12 replies
Turning right or left at light will blow your mind with the amount of growth.