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24 March 2024 | 4 replies
The potential 2.5% commission that might have been directed to the buyer's side is now potentially off the table.This change prompts a critical question for unrepresented buyers: how does this alter your strategic advantage when approaching a sale without an agent?
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24 March 2024 | 24 replies
I am in West Palm Beach and would recommend finding a multifamily property that you can operate units as a short term rental, as it would have much better potential to positively cash flow and also allow you to buy in nicer neighborhoods.
24 March 2024 | 25 replies
So you may lose a few potential buyers and spend more time on the market waiting for the right buyer with this approach.
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22 March 2024 | 12 replies
Hey Liad - Condos can pose some challenges mostly due to monthly association fees, limited control over the property, and potential for slower appreciation compared to single-family homes.
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24 March 2024 | 6 replies
This goes back to doing more due diligence - talk to investors who have properties in those areas and to 5 experienced property management companies (instead of just 3) who will tell you what properties are renting for, potential problems, tenant base, etc
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22 March 2024 | 11 replies
Let's break down the numbers for the multifamily property you're considering in Chicago:The multifamily property in Chicago is a potential investment opportunity with a purchase price of $580,000 and a monthly rental income of $4,200.
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24 March 2024 | 17 replies
Hi BP community,I’m looking to invest in Texas and there’s a new law that the buyer must sign agreement with one realtor company or agent for the potential property.
23 March 2024 | 7 replies
If you already own it and it was a personal residence that you don't want to sell providing you live somewhere in the area, have an interest and understanding of your local rental laws and aren't in California (the laws) or Florida (the possibility of assessments) then self management is a possibility.
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22 March 2024 | 5 replies
It's essential to understand the potential tax consequences before taking out a loan from a retirement account.Before proceeding with a 401(k) loan for the down payment on investment real estate, it's crucial to thoroughly research the rules and implications specific to your husband's retirement plan.
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22 March 2024 | 9 replies
To precisely assess each property's cash flow potential, a comprehensive financial analysis and due diligence process are necessary.In order to invest in Dallas, one should carry out extensive market research, establish connections with local investors, property managers, and real estate specialists; moreover, one should investigate financing alternatives, investigate possible investment properties, and give careful thought to property management.