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16 February 2024 | 17 replies
We believe in the power of networking and learning from others, and are eager to connect with like-minded individuals who share a similar drive for success.We understand that success in real estate is not a solo journey, and are excited to forge meaningful connections within this community.
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16 February 2024 | 9 replies
Many OOS investors set themselves up for failure because they don't invest the time to ACTUALLY understand:1) The Class of the NEIGHBORHOOD they are buying in - which is relative to the overall area.2) The Class of the PROPERTY they are buying - which is relative to the overall area.3) The Class of the TENANT POOL the Neighborhood & Property will attract - which is relative to the overall area.4) The Class of the CONTRACTORS that will work on their Property, given the Neighborhood location - which is relative to the overall area.5) The Class of the PROPERTY MANAGEMENT COMPANIES (PMC) that will manage their Property, given the Neighborhood location and the Tenants it will attract - which is relative to the overall area.6) That a Class X NEIGHBORHOOD will have mostly Class X PROPERTIES, which will only attract Class X TENANTS, CONTRACTORS AND PMCs and deliver Class X RESULTS.7) That OOS property Class rankings are often different than the Class ranking of the local market they live.Class A is relatively easy to manage, can even be DIY remote managed from another state.
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18 February 2024 | 54 replies
I personally understand...Just wanted to see where all the people are that are saying they can BRRR a property with $0 invested & still cash flow.
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16 February 2024 | 1 reply
Many investors, realtors, etc, often don't truly understand what a "deal" is.
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16 February 2024 | 7 replies
So make sure you understand the structure you want first.
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16 February 2024 | 1 reply
My understanding about this product is that it is intended for acquiring and renovating, and then I would refinance into a more conventional loan to finance long term as I do hold properties.
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16 February 2024 | 2 replies
I understand there is decent cost associated with cost segregation study and having a reliable CPA who can help us with the process.
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16 February 2024 | 9 replies
Quote from @Michael Smythe: Section 8 comes with it's own unique problems which many newbies don't take the time to understand.^^^ I would do a lot more research into S8 before jumping in.
16 February 2024 | 7 replies
My approach is hands-on, detail-oriented, and grounded in a deep understanding of the local market dynamics.What I Offer:Sweat Equity and Expertise: I bring my comprehensive experience in managing the entire flipping process – from scouting the right properties and overseeing renovations to marketing and selling.
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16 February 2024 | 4 replies
And remember to use a contractor who knows & understands the 203k and has strong financials to afford the start-up costs and ongoing expenses associated with 203k rehab projects.