19 June 2018 | 4 replies
Here is a good thread on what risks to look out for in condo investing and how to analyze vet condo deals:https://www.biggerpockets.com/forums/91/topics/482...They were good for me starting out due to low price point and overall lower barrier to entry, but now shifting to SFRs because they offer the maximum control.
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31 July 2018 | 9 replies
I've made a lot of connections in the area (unfortunately not in REI but lots of private businesses), and am receiving good information about where to buy and the risks of other areas.
21 June 2018 | 7 replies
I should have known the risks, but I was so young and naive when I bought this house.
12 November 2018 | 7 replies
It's not complex really to do, for my particular situation I am set to close escrow by the end of November, so I don't want to risk time for switching the buyer's entity on the contract if I don't have to.
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20 June 2018 | 1 reply
Yes, it's taking longer, but I'm still saving more than what the carrying costs are.
19 June 2018 | 0 replies
There will be plenty on warning before a base is set to close and in some cases you may see those sign before the service members do, but thats all in the risk of being in this business.
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22 June 2018 | 6 replies
Have your money ready, your lenders lined up, your LLC formed and your accountant and attorney all on the same page.Make sure your first deal is super solid and pick quality and low risk especially for the first deal. remember this is a marathon and not a sprint.
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5 August 2018 | 12 replies
@Joseph Whitton it’ll be super great with hurricane season...be sure to carry good insurance on them.
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29 June 2018 | 23 replies
Second, rather than putting all of your entire nest egg into a single property, where you would be exposed to significant single property risk from lack of diversification, you can spread your money over many properties, with minimums for accredited offerings typically around $5000 to $10,000.
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25 June 2018 | 14 replies
And even when I have found answers that I'm somewhat confident in, I don't want to risk money based on whether or not I found the right website on Google or whether I interpreted the relevant Idaho legislation correctly.My understanding of the Idaho law I linked to is that there isn't a redemption period after the sale takes place.I'm quite new to this, so I don't have a title company that I use regularly, but that is definitely a valid point as I'm sure they have insight into the process and be able to help clarify it.