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8 July 2024 | 21 replies
We tried offering seller financing, money toward buying down someones rate, etc.
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5 July 2024 | 5 replies
I buy LVP, tile, etc at home depot because you can negotiate with them on price.
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9 July 2024 | 4 replies
To buy a home with for 100K and 44K in rehab with 12.99% interest (which is high) and 3% origination (also on the higher side), assuming 85% LTC, your total loan will be 122,400 (78,400 for purchase and holdback of 44K).
8 July 2024 | 5 replies
If one has put down 20% on an investment property, how can you get the full value out of that property so you can turn around and buy another?
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8 July 2024 | 7 replies
The strategy we will use is buy and hold rental properties out of state.
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10 July 2024 | 11 replies
The guest became defensive and pointed out that 7 rolls of toilet paper (12 guests over 4 days) was not sufficient (lol) and they had to buy more tp, paper towels, and trash bags.
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8 July 2024 | 9 replies
i went to big pitchfests suspecting they were pitchfests, got pitched at, didn't buy anything, and networked at those too.
8 July 2024 | 12 replies
I'm just curious...I'm here in CA, and with the cost of housing, I'm always wondering if my home is too large and if I should be finding other ways to invest my money, such as buying rental property (2 town homes instead of a house for example) and moving into a house later.
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8 July 2024 | 8 replies
what would you need to buy it at for it to make sense?
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9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.