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6 February 2024 | 8 replies
Hi Sejin, I would definitely be wary of any lender that tells you not to get a second quote, especially considering that the reason they gave is completely false.
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6 February 2024 | 9 replies
Just trying to help others avoid some of those pitfalls that I had to struggle through when I was pretty green to all of thisBut I completely agree!
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6 February 2024 | 23 replies
Obviously, a single fam B grade 3 br 2 ba house is completely different than an A+ luxury apartment, and rent increases may look completely different at each of those properties (even if they're in the same neighborhood).2.
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5 February 2024 | 2 replies
When eyeing multifamily investments, you’ll likely encounter two key metrics – cap rates and gross rent multipliers (GRM).At first glance, they seem similar, but there are some important differences between the two.The GRM simply divides the purchase price by the property’s total potential rental income–it doesn’t account for operating expenses.Cap rates, on the other hand, factor in both income AND expenses to give a more complete profitability picture.The main advantage of cap rates is their ability to evaluate better and compare investment returns, risks, and value.
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5 February 2024 | 10 replies
Hey Jordan, totally can relate with you being from an expensive real estate market - I moved to Columbus a few years ago (from Portland, Oregon which was super expensive) to become a full time real estate investor, and ever since, I've completed quite a lot of BRRRRs, flips, and own a successful rental portfolio here in Columbus Ohio.
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6 February 2024 | 3 replies
Does anyone have a recommendation on a company that can complete this process within 30 days?
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6 February 2024 | 5 replies
My guess is it's not an completely optimized policy for this strategy, but it might be ok.Feel free to reach out with any questions at all regarding how all this works.
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5 February 2024 | 13 replies
I know this is not what you want to hear, but $30,000 claims are rarely worth the pursuit when considering the legal fees involved.
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7 February 2024 | 40 replies
Basically, trying to get complete coverage on property info by using more than 1 service and testing it out.
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6 February 2024 | 14 replies
They couldn't care less that you buy a property in Mexico with the money; you could as well us it to go on holidays or for whatever other purpose.For a real estate investor, taking such loan completely defeats the purpose of the savvy investor willing to get leverage on the property he's buying.