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9 September 2018 | 2 replies
Nowadays I have a roster of probably 30 vendors that I can reach out to (and sometimes I blast through all my options for a particular problem).The biggest challenge is find good handymen for doing low hanging fruit (fix outlets, fix sink, change light fixture, spackle/paint).
5 September 2018 | 21 replies
Thus, those who engage in these activities should get a tax break on related expenses.
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4 September 2018 | 19 replies
@Alexander Nason - it may also be worthwhile looking at a Fannie Mae Homestyle Renovation mortgage: https://www.fanniemae.com/content/fact_sheet/homes...Homestyle loans require a higher down payment for 2-4units and loan limits aren't as high as FHA in some areas, but I think this could be a better option long term if you can figure out the remaining down payment:No upfront mortgage insurance premium (1.75% on FHA)Cancelable mortgage insurance (once you reach 22% equity) We bought our 4-plex with an FHA loan and it has been incredible - 3.25% interest rate and 3.5% down on $700k would be really challenging outside of FHA, but my mortgage insurance is almost $600/mo.
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4 September 2018 | 9 replies
Implementing it over the course of time through a set of daily rituals is the challenging part.My strategy in a nut shell is:Mind Mapping the flowCreate a Massive Action PlanDevelop my identityBuild my brandSeller outreach using an outreach matrix and tracking resultsAttending conferencesBe in a position to close when the opportunity presents itselfWhat is your strategy or how does it differ from mine?
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12 April 2019 | 0 replies
Somebody had the challenge, we had the solution How did you find this deal and how did you negotiate it?
13 April 2019 | 5 replies
When your ready to expand.If you know you want to keep going and your ready for the challenges.
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14 April 2019 | 3 replies
I don't plan on engaging an agent I did a similar (not exactly) transaction 20 years ago and recall it wasn't too hard.
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14 April 2019 | 5 replies
That entails both money and time, and she may not have had the opportunity to expend either within 5 days of the divorce.Were I in your shoes, I'd engage an attorney to draft the quit claim deed, inform the ex to contact the attorney's office and arrange a time for her to go sign, and that would be that.
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16 April 2019 | 9 replies
As far as getting your license, it CAN be a good idea, but it can also be a complicating factor that makes growing an investment portfolio more of a challenge.