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13 May 2021 | 2 replies
Most mentors are good for getting people energized - Good mentors work with you step by step to get a house or two and teach you how to move along on your own - Great mentors teach how to buy and manage the properties, set up "systems & methods", along with providing other high level contacts, tax planning, asset protection & generational wealth, strategies for changing markets, and changes in the law.
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15 May 2021 | 24 replies
I would also really appreciate any advice that anyone can share for alternative methods of purchasing real estate with low money down, in my specific area.
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13 May 2021 | 3 replies
I've got all sorts of BP vids lined up to enhance my knowledge on how to get the financing for continually adding new units, and may get everything I need there, but wanted to also ask for the methods you used to get started.Right now I have 0 units.
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22 October 2021 | 6 replies
Enemy method for sure
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14 May 2021 | 2 replies
Hey Jakarri,Absolutely possible, however, I have really only seen two methods works successfully:1) A property manager relationship is boots on the ground for you.
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17 May 2021 | 5 replies
Either way, you should spend your efforts on one or both of these methods.
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14 May 2021 | 2 replies
This is called the BRRRR method (Buy, Rehab, Rent, Refinance, Repeat).Best of luck!
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14 May 2021 | 2 replies
I work for the State of CA in all of there property Acquisitions, it is a very common method to pass on the right of Survivorship without probate. 1/3 Mother in law ; 1/3 You; 1/3 Your SpouseThis would account for any deaths in the family and pass right to the surviving owners.
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4 January 2022 | 21 replies
Naturally, these transfers can take a bit longer than cash accounts from a typical bank which can be wired in a matter of hours.
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14 May 2021 | 0 replies
A couple of the reasons/concerns I am considering this:-Difficult to go the BRRRR method in the current market and actually find a deal (too many non-Texans, like myself originally paying way over market value on MLS)-I liked the work the builder did on our property, and we would ideally build a base model without much customization, and add forced appreciation in the second home while we live in it over time-I would like to take advantage of the current rates, as well as my VA benefit with the best strategy possible in starting the rental journey-I know our current home would rent and cashflow well (only con/concern is that our upgrades are on the higher end, rather than econo-rental-friendly: porcelain wood-look flooring, granite countertops etc.)