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17 April 2024 | 5 replies
- You missed utilities in your holding costs- For your first rehab you should plan on a little more than 6 months, just in case- You might want to double check your tax number as taxes in NY can be pretty high- The biggest area where mistakes are made for new investors when it comes to flips and BRRRRs are in the ARV and the rehab cost.
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16 April 2024 | 6 replies
To effectively plan your investment approach, it is important to educate yourself and prepare financially by attending seminars and webinars.
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16 April 2024 | 26 replies
Any plans for future meetings?
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16 April 2024 | 3 replies
I have some family there that is planning to jump in the venture with me.
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16 April 2024 | 13 replies
If neighborhood class is important and you are planning on investing any significant amount of money, then its worth having boots on the ground to see, smell, and feel the area.
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17 April 2024 | 3 replies
I stopped using that years ago and have no plans to use it in the future—it’s just not worth the risk.
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16 April 2024 | 27 replies
I guess it depends on your game plan.
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16 April 2024 | 7 replies
Are you planning on living in your first property?
18 April 2024 | 83 replies
However, these strategies require careful financial analysis and planning to ensure that you can obtain sufficient cash flow to cover your expenses and debts Isn't it 7.5?
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16 April 2024 | 0 replies
Directly North is still A market-Shawnee)It looks good with straight investor metrics using Fannie Mae conforming loans (25% down, 7.1% rate with a few points) and easy ARV monthly rent of $1700/unit ( I get this number based on the exact same floor plan in Raytown with complete rehab placing a tenant at $1500, and Raytown gets lower rents than Roeland Park KS.)