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9 October 2024 | 6 replies
It's really difficult.Some attorneys will help with collections, but their results aren't great and you have to pay them for their time, whether they collect something or not.My suggestion is to turn this over to a collection agency.
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9 October 2024 | 9 replies
I’ve been most successful building wealth with positive cashflow by buying houses that were like 6/3’s and renting to other solo professionals who lived with me and shared my kitchen and laundry instead of 2 one bedroom or two bedroom apartments.
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9 October 2024 | 5 replies
The cash flow will come on the next ones.
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5 October 2024 | 19 replies
Quote from @Caleb Brown: No surprise, more states to come yup and a big time funding opportunity for my company..
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8 October 2024 | 0 replies
My father even brought me along to ask for private money lending at peoples homes. 005 bought my first home in Louisiana, turned into a rental and moved to Fort Worth Texas and bought my first brand new duplex in 2008.Educated myself and bought real estate investment courses and settled on Armando Montelongo‘s flip this house completed that course and bought my first 2 fix and flip in 2009 sold one in 2009I did not farewell during the housing market crash, simultaneously lost my job due to the Event Horizon oilfield disaster.My lovely wife and I now purchase real estate in San Jose Del Cabo Mexico with our cash and build with our money as well.
10 October 2024 | 0 replies
It might be time-consuming, but the direct approach can yield surprising results, especially if homeowners are considering selling but haven’t taken the first step yet.Phone prospectingPhone prospecting is another proactive approach that requires resilience.
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9 October 2024 | 3 replies
Teaching me financial literacy was not one of those things.
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8 October 2024 | 2 replies
@Logan Berry, a quit claim deed doesn't make something "worthless".A quit claim deed transfers any rights to a property that one person has to another person but makes NO guarantees about what rights that person had to begin with or even that they had rights.
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11 October 2024 | 7 replies
- How would one run the numbers on a mid term rental when it comes to startup costs, rental rates, and operating costs?
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9 October 2024 | 1 reply
I got un-renewed by my old ins and rejected by almost all ins companies (except for some crazy ones quoting me 10k/year) on my primary house, which is far from any fire zone but I had 2 claims on my 2 rentals (I am a small player so under my name not LLC) in the past 3 years so I got fked.