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14 July 2020 | 3 replies
Get to know the local housing market:Talk to real estate agents; who are moving to the area, and why; and analyze price history.
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9 May 2020 | 2 replies
The highest predictors of goal achievement are the 80/20 activities that are identified and codified into individual actions and tracked fanatically.Discipline 3: Keep a Compelling ScoreboardPeople and teams play differently when they are keeping score, and the right kind of scoreboards motivate the players to win.Discipline 4: Create a Cadence of AccountabilityEach team engages in a simple weekly process that highlights successes, analyzes failures, and course-corrects as necessary, creating the ultimate performance-management system.One of the keys to a successful remote work structure is excellent communication.
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9 May 2020 | 2 replies
Details of my first potential BRRRR deal are below, with specific numbers given by my private lender and bank for refi. The rental numbers come out to roughly 1.08 DSCR, but really in this for the principal paydown, t...
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10 May 2020 | 3 replies
Hi all. I'm new to BP and REI, but am excited to get started. I am considering putting in an offer on a fourplex in a desirable neighborhood in New Orleans to live in one unit as a househack. They are asking 625k, but...
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9 May 2020 | 10 replies
@Jerry Stevenson, there are lots of good resource here on BP about analyzing rental properties.
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9 May 2020 | 4 replies
One is a software engineer who can run websites, analyze deals/programs, and also help fund.
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9 May 2020 | 2 replies
Biggerpockets also has a calculator you can use to analyze deals and I highly recommend you start this as soon as possible, even if you are not ready to buy.
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9 May 2020 | 2 replies
I posted this in the BRRRR section but didn't get much traction, so thought i'd try my luck here.
Details of my first potential BRRRR deal are below, with specific numbers given by my private lender and bank for r...
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10 May 2020 | 7 replies
I am about 2 weeks into BP and I analyze deals daily from pure MLS listings in the above mentioned websites.
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12 May 2020 | 25 replies
Analyze rental properties regularly, if a housing market is hot and the rent to value is no longer attractive, figure out how to move that money elsewhere to have better cash flow.4. 1031 exchange can be stressful, but 45 days is longer than I thought. i.e.