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19 December 2024 | 10 replies
Then use the extra roommate rent income to pay down your mortgage and look to refi to a lower payment in the future (3-5 years) - so it cashflow when you move out.You could also choose the smaller unit and STR the other unit to generate more cash to pay down your mortgage and refi, so it cashflows when you move out.Bottom line: you'll have to get creative to solve your cashflow challenge!
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16 December 2024 | 3 replies
I see the price range for these types of properties is between $1 million and $1.6 million, but finding a good deal in this market can be challenging.
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17 December 2024 | 1 reply
Removing a lien is challenging because you need the person who placed the lien to sign off to remove it.
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20 December 2024 | 4 replies
- Network with local agents and investors, so you start getting first crack at new deals.If you can amp up the cashflow on the first duplex, you can use the extra cash to:- Pay down the mortgage, setting yourself up for a future refinance to free up your VA Entitlement.OR- For your next acquisition.One of your biggest challenges will to keep the cash flowing when you move out of a duplex.
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19 December 2024 | 8 replies
The insights gained from these projects have validated our initial assumptions about cost savings and construction efficiency.Future Vision:We're now developing a complete senior community model that combines:Affordable container homesCommunity-focused designSustainable practicesScalable business modelInvestment Perspective:From my fund management experience, I see three key advantages:Lower capital requirements than traditional developmentFaster time to marketMultiple revenue streams (sales, community fees, services)I'm sharing this to start a discussion and get feedback from the BP community.Questions for discussion:What challenges do you see in this model?
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14 December 2024 | 2 replies
For those of you actively working on fix-and-flip projects, particularly in dynamic markets like Houston, I’m curious about your approach to navigating today’s challenges.
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24 December 2024 | 23 replies
Developing that trust with someone you don't know may seem like a challenge, but if you approach it correctly, you should be able to achieve a pretty solid foundation of trust.The best way is to talk to others who have had an experience investing with the sponsor already.
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15 December 2024 | 4 replies
•What challenges or surprises should I expect?
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16 December 2024 | 7 replies
To me it’s a challenging game, an intricate puzzle where if you learn how to play you get great results.
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24 December 2024 | 24 replies
The challenge is being liquid enough for acquisition, marketing, and closing to hold these properties for 36 months minimum.Thoughts on what is a fair partnership in this scenario?