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4 May 2020 | 8 replies
I've floated across careers/jobs in new home construction (worked in the structural warranty side), fitness, and travel - I've always loved to learn and grow myself, but I have not built much for "retirement" (though not sure I will ever retire, I love entrepreneurship), was recently divorced and I'm around 40 - so I have a road ahead and all...so definitely want to grow some decent rental income within 10-15 years, but I was considering fix and flip for not only diversity, but it sounds like fix and flip might be a great way to get some capital, which I don't really have at this point.
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16 April 2020 | 30 replies
The detailed analysis can be found here: https://bit.ly/3eapF4lThank ahead for reviewing!
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11 April 2020 | 2 replies
Any time I utilize capital, either cash on hand or borrowed money I always think ahead.
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13 April 2020 | 14 replies
I agree that there will be opportunities ahead, so I’m prepping my process for that time.
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12 April 2020 | 2 replies
I did the numbers and calculated that a good price to buy a property worth that much would be.I used this formula: Max Offer = (Rehab cost + profit + closing costs) - Wholesale feePlugging in the numbers I got:((1560sqft x 30) + 29600 + 14800) - 5000 = 86200So my max offer would be $86,200At first I thought I would jump on the asking price of $69.9k, but my only doubts were that the realtor only gave me 1 comp because the other properties in that area had been sold at auctions for rock bottom prices.If the realtor had given me 3-5 comps I would've been a lot more confident to say go ahead and accept the $69.9k, but I'm relying on being able to wholesale the property to an investor once I have it on contract, and I don't know what I could prove to them by showing them 1 comp.Should I have accepted the $69.9k 1 comp property?
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14 April 2020 | 43 replies
This can help you save and get ahead.
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13 April 2020 | 10 replies
If you go to show a home to a client please know things ahead of time.
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14 April 2020 | 6 replies
Click here to open it.
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24 April 2020 | 1 reply
As a 16 year old, I have most of my life ahead of me and a lot of time to learn and decide how I want to take my first steps into real estate, but more and more I wonder whether getting a real estate license is the path I should take or not.
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13 April 2020 | 3 replies
Just a heads up, she didn't sign any lease agreement or documentation for anything (which she was already lectured), so I'm here strictly for advice on how to get a deposit back and I appreciate anyone for taking the time to read and reply to this.Summary-Sister was looking for a place to rent.