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5 December 2022 | 4 replies
Wouldn’t a few hundred dollars upfront be well spent if it meant having a plan that you knew was going to evoke a feeling of beautiful color-story to make your flip memorable in a good way for buyers that’s fresh and NOT 10yrs ago cookie-cutter, not this region or democratic or worst so plain it’s boring.
6 December 2022 | 20 replies
Hi Nancy, I do not, but I do learn fast and it should be similar to long term leases from accounting operations perspective at the end of the day
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13 December 2022 | 9 replies
(because, unless you have a pile of cash, it's almost impossible to be a RE investor and not have debt).If you want to be a RE investor, I'd suggest educating yourself on debt, and seeing whether it changes your perspective.
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2 December 2022 | 26 replies
I want you to keep a few things in mind when you read what I'm about to say: 1) Not even 2 years ago I was as fresh as you are in the game.2) I am a very cheap person when it comes to my own "doo-dads" and things I don't need...but I am not cheap when it comes to wealth building and investing in income producing assets.3) While I am still fresh compared to most, I have sec 8 rentals that have been with PM from day 1.With that being said, I'm going to give it to you straight: Everyone has their own team that works for them and that is fine, but I personally have never seemed to mesh with a RE agent when it comes to rental comps.
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8 November 2022 | 6 replies
But I want to give you a different perspective to look at a house hack rather than seeing a CoC return.
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1 December 2022 | 11 replies
John, Great perspective.
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2 December 2022 | 16 replies
The best part is that i am saying this only from the perspective of being an agent and there are a ton of jobs in real-estate.
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22 December 2022 | 9 replies
The most obvious one, of course, is that the buyer can go ahead with their investment plans even if they do not have funds set aside for the down payment.Another significant advantage is that the buyer can save on traditional bank closing costs, which often range from 2%-5% of the purchase price.From the seller’s perspective, this financing mechanism will make it easier to make a sale in difficult market conditions.
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22 December 2022 | 24 replies
The “per dollar of rent” perspective is very useful as far as property, and especially tenant, maintenance.
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20 December 2022 | 4 replies
Looking for advice from an RE perspective to make the most of this opportunity.Right now my thought to is rent our primary home as an STR (looking into zoning to see if we can transition it into a duplex-- would be easy with our current layout) and househack into a multifamily (and see if we could do STRs or LTRs then refi and use that as down payment on a new home.