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20 July 2022 | 10 replies
Not sure how much you understand so this might be extra but you dont need to be a contractor however you DO need to understand a few basics of physical property 101 helps in knowing who to hire and also what to look for in terms of damage or issues- a house can be divided in three parts... the bones/structure, the guts/mechanical (behind the wall stuff that you see during the "rough-in phase" of construction),and the face or skin/cosmetic aspects (stuff in front of the wall - cabinets, paint, light fixtures, faucet fixtures, flooring etc).
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3 August 2022 | 43 replies
You will need to know factors such as economic trends, population shifts in or out, state laws and local laws (landlord friendly vs tenant friendly etc)... physical property hazards by season (flooding, rain, hail, fire) or in general (ie I personally can't fathom investing in New Orleans unless it was to AirBNB for the short term and then sell the property) - If you can narrow down to one or two states, then I would look for "where are the tenants I want to deal with located" theres so many ways to answer that question but you may want to start looking in a major metro area... most states have less than 10 major cities or areas of decent population density.
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27 July 2022 | 3 replies
Does REIA Rico have any resources for investors that aren't physically on the island?
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6 July 2022 | 0 replies
You want to own Real Estate (Land) on google, why do we think this only applies to physical Real Estate.
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7 July 2022 | 13 replies
I'm almost entirely "paperless" at this point, but when I see one of those I do print it on physical paper, and it's the first thing I reference whenever I touch that transaction, and that transaction gets bumped to the front of the line each day when I walk into the office (the transaction with the daily "is the appraisal back yet?
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19 July 2022 | 18 replies
Seeing 3 out of 4 should give you a good idea, and then during your physical inspection you can see the building.
9 July 2022 | 18 replies
I'm thinking that Vegas makes sense as far as demand and a time share saves me maintenance fees and me having to physically be there.
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10 July 2022 | 6 replies
@Terry M Jordan Is the physical property straddling both parcels?
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14 July 2022 | 11 replies
I want to put in an offer to tie the property up so I can do my homework (approve sellers books, records, leases, property management contracts, preliminary title report, underlying encumbrances, and physical inspection of the property.
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29 July 2022 | 20 replies
@Jordan Moorhead: Just looking for turnkey investments so I can do OOS easily while working full-time on the side, as I would need someone to manage my investment property as I would not be physically there.