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19 December 2024 | 13 replies
One thing we, as humans, are consistently bad at is predicting the future - especially when it comes to political and economic shifts.
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19 December 2024 | 82 replies
•Continue tracking expenses and maintaining organized accounts.4.Grow Deal Flow:•Use a small portion of your credit for marketing campaigns (direct mail, Facebook ads, etc.) to source deals consistently.
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11 December 2024 | 3 replies
Building in Charlottesville consists of a long, laborious process.
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14 December 2024 | 6 replies
Live in one unit and rent out the others to cover your mortgage.Seller Financing: Negotiate terms with the property seller where they act as the lender, often requiring a smaller down payment and bypassing traditional underwriting.Partnerships or Joint Ventures: Partner with an investor who provides the capital in exchange for a share of the property’s equity or income.Lease Options: Use a rent-to-own agreement, which allows you to control the property while saving for a formal purchase.BRRRR Method (Buy, Rehab, Rent, Refinance, Repeat): Acquire a distressed property with short-term financing, rehab it to increase value, rent it out, and refinance to recoup your initial investment.Pro TipStay in close communication with your lender as you approach your next purchase.
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10 December 2024 | 9 replies
Quote from @Katharina Bormann: I address the importance of clear communication in my book.It's not enough to tell them what is wrong.
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11 January 2025 | 420 replies
That was the claim advanced by the original post."...and that's the part I have consistently DISproven time and time and time and ... again.Again, look at my post from late last night.
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13 December 2024 | 5 replies
This can lead to consistent limit increases every quarter, which opens up even more opportunities for growth.Having good rapport or a strong relationship with a credible accountant to help simplify and oversee this process is an amazing idea and highly recommended.
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11 December 2024 | 2 replies
Proper documentation and consistent reporting are crucial to ensure compliance with IRS requirements.
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8 December 2024 | 19 replies
They are communicating with the Asset Manager and the Field Service Manager.
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13 December 2024 | 9 replies
However, make sure to research thoroughly—there are many providers in the market, but not all have the experience or track record you’d want.For consistent cash flow and long-term appreciation, look into areas in the Southeast.