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11 December 2018 | 1 reply
Did you ever find someone to help you with this project?
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20 October 2018 | 14 replies
We are going to “quit claim” (hope I got it right) the mortgage over to the name of the LLC which she assured us should not be an issue as she said banks are way too busy to ever discover it and make an issue with the due in full call.
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13 October 2018 | 15 replies
These folks I chose not even to engage any dialog whatso ever.
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10 October 2018 | 1 reply
Chase is the only mortgage ever on the house, but i need to be cautious about assignments . please advise if i have anything to worry about. i believe it will be ok, since i am really buying the original mortgage note,but i need to be sure about what this recently assignment can VRTH can mean for me.
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10 October 2018 | 0 replies
It allows you to diversify into a portfolio of homes as opposed to putting all of your proverbial eggs in one basket.Be cautious tho as over the years I have witnessed countless investors buying properties in crappy areas, for more than they are worth and being passed on to crappy property management that nickel and dimes them to death (I guess all of those 15% "awesome" paper cap rates and promises of financial freedom aren't that awesome after all...)This is not just true for real estate deals but life in general (Your "piece of paper" degree does't necessarily dictate success in your chosen profession or your business)Real life experience is different to what any "piece of paper" says.In all reality guys it takes time to build financial freedom, and the more you can diversify your risk across multiple properties in your portfolio the less risk you bear in the long run.I may not be the smartest Aussie you have ever met, however I do understand a few basic rules that I follow on every acquisition I make.Strength in numbers, cash only, patience, and discipline.Let's talk about Strength first.Price point plays a big part of "strength in numbers" as it is safer to acquire 5 homes for a total of $350,000 as opposed to one for $350,000.What happens if "that one" property goes untenanted for 5 months?
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11 October 2018 | 6 replies
Goal is to flip houses to build up larger cash deposits each time.
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11 October 2018 | 4 replies
If it's a larger organization, feel free to inquire about their different staff qualifications.2.
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22 October 2018 | 3 replies
I am currently in coast guard and I have some opportunities to buy real estate where ever I go.
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10 October 2018 | 2 replies
Anyone have an approach on tackling larger maintenance items without vacancy?
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2 February 2019 | 4 replies
If you ever want to meet up for a coffee or beer, I am up for it!