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10 May 2024 | 21 replies
I disagree.The future and what tomorrow will bring is unpredictable.The numbers of a deal TODAY don't lie and are actual.If net cashflow is higher than expenses and if that net cashflow on each deal get's you a step closer to financial freedom, than the investment is worth it.Appreciation is speculation and is just the cherry on top if/when it happens.Just my opinion.Thanks
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9 May 2024 | 2 replies
Obviously a higher down payment will always help properties cash flow since your payment will be lower, but I did want to explain the options available when you actually live in one of the units.Definitely assemble a team that works in the areas you want to invest in and you stand to learn a whole lot - I hope this helps!
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9 May 2024 | 8 replies
Depending on where you flip, you'll need to determine whether you want to do a volume play (cheaper deals but need to do more to make substantial money) or more expensive markets where one deal can be significant.
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8 May 2024 | 5 replies
Its a great lower priced option to get into the game
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11 May 2024 | 37 replies
Those paying that $8k on the low end...........well, I got a spreadsheet that you can use to track your sub-to multifamily expenses.
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9 May 2024 | 4 replies
After expenses and mortgage, I end up with a net cash flow of anywhere b/w $150-$250 which I find rather small, and I wonder if this could even get eaten up by tax filing time.
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9 May 2024 | 6 replies
So, either the purchase price is very high, or your expenses are high.
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9 May 2024 | 9 replies
The deposit we are willing to collect over the first few months if needed to lower the cost of entry.We are getting some calls, but lots of no-shows when it comes to appointments for showings.We had a lot of problems in the past with tenants bringing in drug dealers, homeless, and various other criminal activities.
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9 May 2024 | 2 replies
You have the ability to use FHA, VA and Fannie Mae to build and all of those options provide a lower down payment or with VA zero down.
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9 May 2024 | 2 replies
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