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9 March 2024 | 6 replies
Some specifics about the unitsAll 8 units are adjacent to each other in a row.
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9 March 2024 | 10 replies
In the few times I've looked into it before, the single apartments I saw (via a broker) were not profitable after tax.Any specific questions?
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7 March 2024 | 13 replies
Did you have the properties already identified along with specific returns etc. or did you propose a hypothetical deal structure and get his agreement first before finding specific properties that fit your investment criteria?
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7 March 2024 | 4 replies
I think you need to be specific about what you use in your screening criteria.
9 March 2024 | 14 replies
I'm monitoring the rental situation on Zillow, specifically in my focus zipcodes.
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8 March 2024 | 1 reply
As a Cap Rate is indicative of the risk involved in owning the property, you want to focus on doing things that make your investment less risky if a bank ever had to take over.You can make your investment less risky by doing some of the following things:- Convert all month-to-month tenants to annual leases- Implement strict minimum rental criteria- Add security cameras- Make large capital and preventative improvements (fix drainage issues, install water pressure regulators, replace old HVACs...you get the picture)- Essentially, prove with action that you are caring for the property on a long-term basisThe only way this is effective is if you document everything you are doing as well.
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7 March 2024 | 11 replies
The reason I like the desktop version of Propstream better is because I can see the whole map and put in the specific things I am looking for.
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9 March 2024 | 5 replies
It may be beneficial to consult with a contractor and real estate professional to assess the best option for your specific situation.
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9 March 2024 | 261 replies
But legit questions that are "higher level" or questions specific to my area or experience, for example, I am happy to hazard a response, because I've learned a lot from BP, and will pay it forward to real investors, not someone who's bored on a Saturday and will never buy an investment property in their existence.
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12 March 2024 | 75 replies
Consulting with a financial advisor or real estate mentor who understands your specific goals and circumstances can provide valuable insights tailored to your situation.