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2 July 2018 | 6 replies
If the owner's main concern is it being a hassle, seller financing it to you would still allow them the opportunity to earn steady income off of the property.
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6 July 2018 | 3 replies
Depreciation and maintenance are real concerns for me with buy and hold MHs.
20 July 2018 | 69 replies
I hope I can get 10 doors before I leave whiteman.
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1 July 2018 | 5 replies
If you could do that and tremendously increase your equity, raise rents you may be able to improve your cashflow and then take out some of the equity and go invest it elsewhere.It seems like you are sitting on a huge opportunity to develop some equity, just have to look at all the scenarios and see where you come out best.If you sell, while you may get some walking money and a nice profit, you are likely leaving a lot on the table for the new owner to capitalize on.
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1 July 2018 | 14 replies
I understand your concerns and I see your point but if a man is making say ,double payments at that low interest rate, he is not doing himself a favor by putting his money to good use when that extra mortgage cost can be used toward the purchase of more properties which will Ultimately bring in more cash flow and will allow you to snowball quicker which, at your age is something you would need to do .
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2 July 2018 | 23 replies
Yet it seems like the “thing to do” is to leave the job market and become a full time investor.With it getting harder and harder to find deals in real estate, and with the margins getting smaller and smaller in general, will investors who have left the 9-5 to persue their dreams of investing in real estate full time be forced back into seeking a job to pay the bills?
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17 July 2018 | 8 replies
I am a young entrepreneur in the western Massachusetts, and northern Connecticut areas attempting to cultivate intergenerational wealth through the assistance of mentorships, relationships, and partnerships in the Real Estate investing world.My goal is to have garnered enough passive income to leave my career in nine years or less.
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30 June 2018 | 3 replies
When you make your pre-offer inspection you might see something obvious during that which makes that decision obvious and its age can give you some concerns about reusing the major components that gives you some concern about that which means you will have to remove sheetrock to repair that.
1 July 2018 | 8 replies
Everyone is a "newbie" at some point, so just dive in and you'll find plenty of folks ready to give back.I'm personally a little adverse to 2/2 SFR (you didn't mention type of property) unless there is a potential to make it a 3/2.If you have a viable tenant and all your numbers make sense, I would advise NOT doing a Rehab until this Tenant leaves.
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2 July 2018 | 2 replies
Keep the doors locked, the property well lit and don't leave any valuables exposed.