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2 July 2024 | 15 replies
I recently listened to episode 976 of BiggerPockets Real Estate Podcast where the guest was explaining how he invests in mobile homes.
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3 July 2024 | 15 replies
Losing money is not fun and it sounds like you have to go get it situated before you keep bleeding money and not knowing where your money is going
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2 July 2024 | 3 replies
Hi -I've recently inherited (or what amounts to inherited) a small fix/flip & wholesaling business that consists of a website where users enter property, situation and contact details which populates jotform and through zapier feeds a CRM.
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2 July 2024 | 17 replies
But, it also depends on where your properties are.
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2 July 2024 | 24 replies
Where are you investing?
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2 July 2024 | 10 replies
Sounds like a single family home with an attached garage which to me sounds like it could be R-1 single family only residential where you are unlikely to be allowed to add additional units unless you're in a state forcing municipalities to allow ADUs of some sort.
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2 July 2024 | 6 replies
Before it was a job where as now I am focused on passive income.Excited to learn and connect with you all!
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2 July 2024 | 4 replies
Price - $960,000Preferred Lender rate - 5%Rent per unit - $1,700-$1,800 (3 of the 4 units we had leased at close)Unit size - 3bed | 2.5 bath + garageFinancials - 25% down, 5% rate, monthly cash flow roughly $900 Where can I find more info on another deal from the seller / developer?
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4 July 2024 | 8 replies
one of the partners that we went in on the deal with owned two other car washes nearby that are self-service wash style you mentioned and although our full service wash had a much higher average ticket value and overall more revenue, his other two washes averaged less than 1% in labor cost where our full service was would be between 20%-30% on any given day. we ran a detail crew of around 5 people and then had around 10 or so people on hand to handle the car wash traffic. we tried to get away with not hand drying the vehicles after they exited the wash but the previous owner had made that a staple of the business so when we stopped doing it people got frustrated and we decided to keep that a part of the process. in doing so that means you have to pay labor tax!
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2 July 2024 | 73 replies
Slow down and take a deep breath before making decisions especially where money is concerned you can sometimes be blinded and make bad choices. 4.