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25 November 2022 | 10 replies
Answer.. you need to make it extremely easy for those people to find YOU!
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17 November 2022 | 4 replies
It is important that you do not develop a reputation of someone who is just going to offer extreme low balls, because people talk and you want to be seen as a resource in your local market for distressed sales.
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21 November 2022 | 17 replies
In the meantime, save as much money as you can and/or look into any potential creative financing options, or even a responsible & reliable business partner to split costs & profits with (Be extremely particular if/who you may decide to do business with).
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28 November 2022 | 28 replies
As you may have noticed in the above rent calculations, the income and expense numbers were extremely tight.
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14 November 2022 | 11 replies
It's also extremely important you have your own qualifications that you do not shift away from.
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8 December 2022 | 12 replies
I would take whatever capital you have and find an extremely experienced investor/team in that space to partner with.
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17 November 2022 | 52 replies
Here's why:If you are thinking buying turnkey, i assume you are looking for extremely passive ownership, as do I.
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22 November 2022 | 56 replies
Probably because I legit LOVE what I do, I really do.Now, a very key point, I'm not a Top-Producer because I specialize in REI and that's extremally unique itself to be one of the legit few, I slay because I have a passion for what I do, I get jacked-up about negotiating DOWN a great buy to make it a ridiculously awesome buy even though it cut's my commissions down, because I'm a sick-twisted addict who can't stop my thrill of the hunt, lol.
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2 January 2023 | 18 replies
You have to do extreme Due diligence for your "Opportunity" zone investment.
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13 December 2022 | 16 replies
also, my properties perform pretty well (both in terms of cashflow and appreciation), which makes managing them much more enjoyable (the job would be pretty miserable if you're not making much money, or losing money).I would assume you're correct -- that people who have C and lower properties (or properties that don't make much money) often drop out pretty quickly...managing a D property would be extremely stressful and difficult--not a job I'd want (not for any amount of cashflow)!