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8 April 2024 | 21 replies
Then start reaching out to real estate agents in the area you like with a specific focus on agents that have experience working with investors if you can find one.
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9 April 2024 | 9 replies
This might include specific income or net worth targets, the number of properties you want to own, or other milestones.As a financial advisor specializing in real estate investments, I help clients like you navigate these decisions and develop personalized strategies.
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9 April 2024 | 13 replies
Ill also throw in that there are usually a bunch of Facebook groups specifically for finding roommates.
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8 April 2024 | 15 replies
A careful present value of the two strategies would need to be made based upon a specific investor's circumstances, goals and objectives to determine which would be best for them.
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8 April 2024 | 21 replies
Front unit i think market price is around 1600-1700, but i am planning for 1500-1550 to gain advantage on rentingit's a popular rental area in trending neighborhood, so it has a lot rental on the market and a lot investorfirst regret is i think my offer was too high, i offered asking price at 224k which with my 10k deposit and no inspection (i did had a long term contractor go take a look with me) i can likely get the house for cheaper, it went from 300k to now 224k from last year, so 8 month on market, i could get it for maybe 200k or 210k insteadOriginally i planned to have some minor interior update include few windows, which i am estimating around 3k, but noticing the 3rd floor shingle siding was aging and looks like just matter of time, so i had to replace 2 more exterior siding that need scaffolding, long story short, my repair cost went from 3k to around 8-9kmy dscr loan is 7.625% 30 years, my monthly would be $1577 PITI + water (say $230), compare to my expected rent of $2430, so $623 remaining each monthsome concerns are1. it's flat roof and it's just matter of time for me to replace2. i know this market is always trending, a lot tenants and a lot rentals, so it's competitive but popular, i dont know what to feel about it, i have other rental in the city, just not this specific neighborhood3. since there's so many investor in the area, why no one bought it for the price, it was once lowered to 256k before it go down to 224k. when the market was hot, i think 324k would easily sold, but obviously it didnt as that's what they listed in 2023 summer4. unit was managed by management company, last lease on front unit was from June 2022-June2023 rented for $1700, then they later put for sale for 324kon one hand i think the number works, but on the other hand, i keep have this feeling i wanted to back out of the offer, i think also due to my saving would be down to 20k after closing and all the repairs made, which i normally wanted to have at least 30k in bank, also the extra siding job got me scared a bit, and roof that need to be replaced in futureif i back out now, i am going to be losing 10k + inspection 800, so that's close to 11k lostWhat's your take on this, i would hate to lose 11k without any valid reason and just scared myself out of this deal, but honestly i am having some hard time looking forward to this purchase.
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9 April 2024 | 6 replies
Does the FHA guidelines say anything specific about this?
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10 April 2024 | 56 replies
Carrot has a template specifically for wholesaling.
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7 April 2024 | 3 replies
If you need specific advice, try to ask specific questions.1.
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8 April 2024 | 4 replies
I'm not familiar with that specific term, but if you are looking for information on foreclosures, check out something like dealmachine.
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8 April 2024 | 3 replies
Typically we have paid appointment setters based on specific KPI’s which are typically getting the appointments setup.If they bring the lead but someone else cannot close it that is really not in them.