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11 March 2020 | 1 reply
your best bet in entrepreneurship is toA) build an A teamB) pursue an A/B ideaC) raise moneyso start networking and keep an eye outfor a business partner with income/credit :)
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17 March 2020 | 8 replies
Going to the meet ups will let you hear from others what they are doing and you can learn what catches your interest the most, whether that be land, office space, apartments, self storage, marinas, etc.Best of luck with your journey, you're in the right place to start learning!
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13 May 2020 | 12 replies
Sure, your first month or two owning this home might be a real slump (I don't know about indefinitely - anyone who catches the virus now shouldn't be contagious a month from now, which means we'll probably see waves of people staying home, and then ideally life will return to normalcy after this initial panic), but these atypical circumstances are precisely why real estate investors insist on factoring in vacancy to your cash flow analysis.
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14 March 2020 | 13 replies
So far all the move-in ready properties that we have our eyes on are most likely not even close to the 1% (although the market IS currently dropping...).
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14 March 2020 | 43 replies
Absolutely and that’s what made me uneasy despite everything looking pleasing to the eye when I went.
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12 March 2020 | 9 replies
After all, 98-99% of people who catch this thing don't die.
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12 March 2020 | 1 reply
If I were you I would keep it to one friend who has the most similar perspective at a max, but I don't partner with friends on anything as I know the chances we will always see eye to eye on investment decisions is very low.
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12 March 2020 | 3 replies
I ended up looking at properties in Huntsville Alabama and found a duplex that caught my eye for $149500 with one unit needing work in the kitchen and the bathroom and another unit needing a fridge and a stove as far as I can see.
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26 April 2020 | 65 replies
I have had a few clients want to pull the plug on contracts out of fear, but I have had far more reach out and tell me that they have been sitting on cash and are ready to jump into scaling into more STR properties if whatever is going on in the world results in a softening in purchase prices.Moral of the story (and the data), keep your eyes on the numbers and your head clear of emotions when it comes to investing in any economic circumstance, whether they are favorable or slightly scary!
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13 March 2020 | 2 replies
You likely wont like today's rates as many are higher than a few months back Best of luck and keep your eye on rates as they have been all over the place this past week