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10 September 2024 | 28 replies
So if you are like me, the hair on the back of your neck stands up with that info.
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10 September 2024 | 5 replies
Another agent mentioned that they may still look up the members of the LLC.
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12 September 2024 | 8 replies
The fact that they took 2 weeks to get back to you shows that they are up to something.
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12 September 2024 | 18 replies
It is filled with resources and a plethora of knowledgeThanks for joining.I wish you all the best in your real estate journey.Set up keyword alerts to be notified of the topics that interest you: http://www.biggerpockets.com/a...http://www.biggerpockets.com/real-estate-investing
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10 September 2024 | 6 replies
We both want to be equally involved in the rehab as a team - up until he receives his money back after the refinance.
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10 September 2024 | 0 replies
We came across a company called Seek Capital because, unlike other companies, they are willing to approve setting us up with lines of credit based on my wife's credit score and do not require a high monthly revenue like other companies.
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11 September 2024 | 3 replies
Hey there,I'm interested in utilizing private money lending for financing while I save up to use my own capital along with Hard Money Lending.
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11 September 2024 | 20 replies
And seeing as it's an organization level with so much staffing we need HR, middle managers and organization managers.So now we are at a place that the staffing "suck" eat's up the revenue of a couple K doors, so we need more doors to make up for that, AND as we add doors we add more staffing requirements, which add's more "$-suck" so need more doors to get over that and it's a lovely feedback loop.......
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11 September 2024 | 11 replies
Quote from @Jackson Ebersole: Hi Piper,It's always smart to flip properties in-state, and I'd like to share some updated insights on why this approach is beneficial, especially in the New Jersey area.Lenders typically feel more comfortable with in-state flips because:You can manage the rehab more easilyYou have better knowledge of local real estate trends and valuesYou can respond quickly to issues or make decisions fasterThere's a lower risk of fraud or being taken advantage of by distant partnersI can help you with recommendations for the New Jersey market:North Bergen: Continues to show strong potential, with average profits now around $150,000 per flip and a gross ROI of 85%.Willingboro: While specific flip numbers aren't available, the market remains active with a gross ROI now averaging around 130%.Gloucester City: Still a top performer, with gross ROI hovering around 180-190%, though still on smaller profit margins.Irvington: Home values have continued to rise, with a 20% increase over the past two years.East Orange: Has seen steady growth, with home values up by about 16% since 2022.Paterson: Experienced a 14% increase in home values over the last two years.Additionally, Jersey City and Newark have emerged as promising markets for flips, with strong appreciation rates and growing demand.
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8 September 2024 | 168 replies
I am not debating here, but to me it seems like an easy way to roll money into new properties without paying closing costs.