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2 August 2024 | 6 replies
In episode 943 of the podcast the guest, Jeff, said that if you pay your debts through a business account for 12 months, they will no longer apply to your personal debt-to-income ratio (DTI).
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4 August 2024 | 15 replies
PMC RECOMMENDATIONRecommend exploring as many sources as possible to get referrals AND cross-reference them to get as much accurate information as possible.Check out NARPM.com, BP’s Property Manager Finder (BiggerPockets: The Real Estate Investing Social Network), etc.Also, encourage you to learn from the mistakes of others - by reading posts here on BiggerPockets about owners not having their expectations met by their current Property Management Company.
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6 August 2024 | 4 replies
Excited to learn and connect with you all!
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6 August 2024 | 1 reply
Reach out directly via phone if listed or in person.
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6 August 2024 | 29 replies
Also - I am a very analytical person; scientist by profession.
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7 August 2024 | 8 replies
Have you seen the past projects in person?
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7 August 2024 | 13 replies
Your comment says a lot about the type of person you are.
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6 August 2024 | 9 replies
@Andrew JaquezI think what you're missing is... there will be lots of other expenses, and there is a 0% chance you will cash flow that much.It sounds like you've been going there in person to look at properties - is that right?
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7 August 2024 | 13 replies
If you can use OPM on the renovation at say 7% with plan to pay the principal down in less than a year, then I would invest your personal funds elsewhere into another deal or do something with your current STR to help it stand out.From my experience, HELOCs scare me but I do know if done the right way they can be very effective.I'd be happy to chat more on your Smokies STR on how to help make it stand out.
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6 August 2024 | 1 reply
If so, you could look more for turnkey properties and focus on learning to manage them effectively.