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6 June 2024 | 11 replies
The biggest advice I can give you is to figure out your own goals, and be specific, so I want to invest in multi family for cash flow for instance is too broad, is your goal to have an investment or a place you enjoy living, those are often in conflict as most multi family tends not to be in the most desirable parts of towns, are you willing to high cash flow in exchange for alot more effort, risk and limited appreciation, or do you want a more stable property with potentially less or even zero cash flow, if it’s a primary residence, are you going to live there long enough to make it more sense than renting, the breakeven period in a place like Baltimore might be 3-5 years.
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6 June 2024 | 4 replies
If his coaching service costs $15,000 and you don't even have $10,000 saved up, how will you pay him and still have money available to invest?
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6 June 2024 | 11 replies
Single family in general in DFW area I typically see about 30-40 down will break even or cash flow.2.
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6 June 2024 | 18 replies
Make sure you know the safety and quality of the neighborhood and even block in New Orleans to ensure the rents will be what you expect.
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6 June 2024 | 7 replies
Or even just want to live in the suburbs because they feel it is safer, easier to drive around, etc.
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6 June 2024 | 7 replies
I even rent to Section 8 tenants, and last year I raised rents 18% ($1,400 to $1,650) without an issue.
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8 June 2024 | 21 replies
Some have even financed rehab as well as purchase.
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5 June 2024 | 0 replies
Even though the city is very willing to not be an obstacle in building the community is outside my abilities right now.
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5 June 2024 | 8 replies
Even if innago is free if I could find another one that wouldn't charge my tenants, that might be a consideration even if it cost me 50 to 100 bucks a month
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5 June 2024 | 14 replies
We seem to be living in that brief liminal state where AI is extremely helpful for just about everything including things like this I hadn't even thought of, right before it replaces us completely