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29 June 2018 | 7 replies
My first project/deal will be house hacking or finding a property that is undervalued and we can live in while building equity.
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18 October 2018 | 3 replies
Check out http://bridgetownhomebuyers.com/project/ for his upcoming deals.I've recently met two other very helpful guys that live locally.
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19 June 2018 | 13 replies
As the project progresses, if they aren’t hitting their milestones within the agreed upon schedule, ask them how they are going to accelerate their work and submit to you a recovery schedule to remedy.
16 June 2018 | 12 replies
Network a lot with agents and add value to them.You can find them yourself - but know that you are starting a marketing and sales company vs a project management company which I classify rehabbing to beYou can network with the people who do have marketing and sales companies (wholesalers), and add value to them.If I were you, I would find the wholesalers in your area, build a relationship, and figure out how you can buy from them.
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22 June 2018 | 12 replies
Hey Chris, we do a lot of work with new construction or rehab/renovation projects in Charlotte.
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15 June 2018 | 2 replies
My initial projections based on a buy and hold analysis are:$1550 a month in income(Lots of assumptions here)$904.78 monthly expenses(Including maintenance, management, and the vacancy rate)$645.22 monthly cash flow23.45% pro forma Rate$9240 net operating incomex 50% for expenses equals $775Monthly interest/payment equals $124.78Total monthly cash flow using 50% rule equal $65082.90% cash on cash return on investment30.90% purchase cap rateTotal operating expense $780 dollars a monthAs I stated earlier, the house is close to downtown and the State University.
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17 June 2018 | 28 replies
If I were you I'd politely extend my deepest sympathy for her car, express relief that no one was injured, thank her for bringing the tree to my attention for the first time, and wish her the best of luck with a potential insurance claim with her car insurance.
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25 July 2018 | 5 replies
I like that you are reaching out to folks that might need help with projects / errands that is the exact way that I got into REI.
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18 June 2018 | 5 replies
Their retirement income/expenses projections show them running a $4k/mo deficit.
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16 June 2018 | 3 replies
its probably not much but if it is.. you want to know first hand. if this is your first deal.. its worth the few hundred bucks in my mind.Just think of all the Morris invest clients that if they would have just spent a few hundred bucks to go look at their project they would not be in such dire straights.. but if the TK operator is top notch like a few are there.. you can probably take their word for it.but again if your worried just run out there for a day.