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13 March 2024 | 4 replies
Here is a FB group focused on REI in East Texas: https://www.facebook.com/groups/1431671020298957/And another: https://www.facebook.com/groups/657300777664568/And here is a comprehensive list of meetups throughout Texas: https://reiclub.com/real-estate-clubs/texas/
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13 March 2024 | 14 replies
The reason you see a person’s name and all their entities listed in a lawsuit is because Plaintiff (the suing party) attorneys have to list everyone and every entity that can be remotely tied to a cause of action, otherwise, if enough time passes and through the legal process discover that a separate entity or just a person was truly liable and they didn’t name them in the lawsuit, they are out of luck.
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13 March 2024 | 11 replies
I'm already listed on Furnished Finder and had a guest ready to book, until my PM backed out.
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13 March 2024 | 10 replies
@Daniel King I self-manage my current portfolio of seven units and use RentRedi software for collecting rent, listing units, and property management.
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13 March 2024 | 0 replies
The two duplexes were listed as a single purchase, but the financing went sideways when it came out that each was a separate parcel.
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14 March 2024 | 13 replies
For this reason, I recommend you identify the market first, then list your current properties for sale so you have a little more time to find a new property to purchase.
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13 March 2024 | 6 replies
There are a few types of people who will buy your end of line flips….1) Those that will only buy truly safe … battle born… “equity the day I buy”.. opportunities And/or2) those that were trained to see real estate investing as a much more risky “ investment”… in other words “ a buy that “SHOULD” have value after appreciation”With Buyer group #1… if you provide truly investor grade deals that haven’t been stripped of most of the equity before you try to flip, you will build a following of investor grade buyers that WILL pay cash and CAN close “ as soon as the title search is done”… This will net smaller nets for you initially , but you will own a REAL Buyers list… that WILL have the experience… to REALLY CLOSE ASAP.And that will make your machine run MUCH more smoothly.Or2) you can initially max out your net on a few deals as you scape out most of the equity for yourself… but you will only be working with non experienced buyers.. who will buy ….one… realize that they are in WAY too deep… have no B plan.. and they will be FAR less likely to buy again… AND they may never even make it to your first closing .So.. your choice… cultivate a crop of GREAT slam dunk , low work load real buyer investors…. where all you need to do is find the property , mark it up a LITTLE ..and we do all of the rest of the work…Or sew a crop of weeds…I do spend a little bit of my time asking wholesalers to take me off of their lists.I would love to buy from you.I don’t want to spend my time doing the initial marketing.I am willing to pay for your valueBut I don’t buy properties that don’t have TWO exit strategies1) enough equity AT CLOSING so that, at the very least I could sell it TODAY without taking a loss…..AND2) after my expertise ….
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13 March 2024 | 4 replies
I have a listing for one that I think could be converted into a duplex plus a small mobile home park, but I don't know the clearance for services and the dwellings required in Texas.
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13 March 2024 | 1 reply
Notably, 9% sold for at least $10,000 over asking, and 3.1% sold for at least $25,000 over asking.The sale-to-list price ratio declined to 97.6%, down from 97.7% the previous month.If you want to dive deeper into the numbers around a specific home or have any questions I'm always happy to nerd out
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13 March 2024 | 5 replies
The exchanger can name more than three replacements but the total value of the list will still be less than 200% of the net sale's price of the old property.2. they are already under contract for their replacements so that they close on all of their replacements during the 45 day identification period.