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7 October 2024 | 38 replies
Quote from @John Underwood: Don't pay for points since you can refi later.4 to 6 rate cuts coming by end of 2025.If it won't cash flow at a 7% mortgage then it's probably not a good deal anyway.Wouldn't consider paying for points when rates are going down.
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5 October 2024 | 15 replies
Same as @John Underwood @Dayana Castellon.We don't just use AirBNB but VRBO as well and get about 60% of our overall bookings from VRBO.Having said that, 2025 is booking out now and all are VRBO people.
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8 October 2024 | 10 replies
Quote from @John Mason: When you have a small portfolio not having LLC is okay.
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5 October 2024 | 4 replies
Quote from @John Mason: https://www.meetup.com/ma-al-reia/events/bsjcmtyhcjbkc/ Thank you, I'll check it out!
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4 October 2024 | 27 replies
Repeat.The only other guidance I would offer is investing a portion of the $80k into a coach who has already achieved what you are looking to achieve.
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5 October 2024 | 15 replies
Hey @Laura Sawicki, I second @John Underwood's comment about getting the actual Schedule E from the owners to validate all revenue that was reported to the IRS.No way I would rely on just a report they provided.
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4 October 2024 | 6 replies
Quote from @John Mason: Private lenders for sure and also joint ventures with other investors to pool money and resourcesPrivate lenders and joint ventures are great options when you're looking to pool resources for a successful investment.
5 October 2024 | 4 replies
John Tames which credit union was it?
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6 October 2024 | 49 replies
Quote from @John Clark: Quote from @Kevin Sobilo: @Colton Kotylo, typically the answer is yes unless you hire another buyer's agent. if you hire a new buyer's agent to represent you then you only have to pay the new agent.
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3 October 2024 | 7 replies
We're not in the area but I would suggest looking into a mentorship/coach that can help you grow and not make all the mistakes others did before you.