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2 July 2024 | 9 replies
Those all probably have a higher ROI for you.If you really want to get to financial freedom, keep building your passive income streams.
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1 July 2024 | 8 replies
Through your network, real estate meetups, and building real relationships.
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1 July 2024 | 6 replies
Starting out, I was pinching any penny I could, so would spend hours and hours measuring and building plans.
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1 July 2024 | 3 replies
The MIRR formula works even better because the cash flow from the rental property is not automatically reinvested into the property.I think that building a spreadsheet with both scenarios, stocks, and rental property would answer this question.
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30 June 2024 | 54 replies
They moved, as renters, into our suburban neighborhood in 2019 for the schools given that their first child was starting kindergarten.
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29 June 2024 | 27 replies
A second, and less labor-intensive reason was that having ceilings that matched walls and trim make the space feel cheaper, and even though our rental isn't in an A neighborhood, we want to give our renters a feel that they're renting the nicest place in a neighborhood.
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1 July 2024 | 3 replies
I also included a BiggerPockets article below that you might find helpful and am happy to send more info about building a team if interested.
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1 July 2024 | 2 replies
A 6-7% vacancy rate might look tempting, but it’s important to keep an eye on any new developments, like Build-To-Rent apartments, that could pop up in the neighborhood.There’s also some research* out there showing that average vacancy rates across Metropolitan Statistical Areas (MSAs) have ranged from 17% to 10% in the past (95-17).
30 June 2024 | 18 replies
Here in VA there are a lot of very deep value or abandoned multifamily buildings.
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2 July 2024 | 10 replies
It all depends on your goals, the number of properties you want to acquire, and how you can build an efficient process that maximizes your working capital to achieve those goals.