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29 February 2024 | 0 replies
- Serious investors will write on a deal that fits their buy-box- Knowing your buy-box will create an easy decision making matrix for you to move quickly on deal that work- Have your "ducks in a row" so when you find a deal that works, you can perform - Be someone who performs in contract.
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1 March 2024 | 19 replies
So the idea of investing a fund of funds like Brian Underdahl was apparently running (where he says he was considering so many newbie syndicators),would be an easy "no way"..for me.
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29 February 2024 | 17 replies
If I end up rebooking the dates I can have a conversation with the guest but that is my rule. follow the cancelation policy and don't let emotions get involved.
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29 February 2024 | 8 replies
If I was to return to Denver I wouldn’t look to live in this house.Should I rent for the next 2-3 and sell just before the 2 of the last 5 years rule?
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29 February 2024 | 4 replies
FHA will also not allow you to close in a revocable trust as most lenders will enforce a "Due on Sale" clause.FHA has a "100 mile rule" so you cannot use another FHA loan to house hack.
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29 February 2024 | 7 replies
Per IRS rules, the account owner (you) may not guarantee the loan for the IRA-owned property, so the loan must be non-recourse.
1 March 2024 | 9 replies
With that being said, lots of people choose to rent and it can be very easy to find qualified renters, especially when you buy nicer properties in the nicer neighborhoods.
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1 March 2024 | 6 replies
You find an OOS property that appreciates, attracts good tenants, and is easy to manage.
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29 February 2024 | 28 replies
…on the other hand, flipping, BRRR'ing, wholesaling, and out-of-state investing are more like double black diamonds—they require a lot of experience, and a single mistake could have dire consequences.The fact of the matter is: real estate is a high-stakes endeavor, and the more advanced strategies (like BRRR'ing, wholesaling, flipping, out of state investing, etc.) can easily bankrupt a beginner when they're executed poorly.Although HH’ing is a strategy that's good for beginners, it’s not just for beginners—there are plenty of very experienced RE investors worth many millions who continue to HH, because it's such a powerful strategy.Now, having said all that, house hacking is not necessarily easy, and it’s definitely not risk-free (if it were, everyone would do it!)...
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28 February 2024 | 6 replies
It's easy to replace the vanes.