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9 July 2024 | 6 replies
Ideally, targeting properties conducive to the BRRRR (Buy, Rehab, Rent, Refinance, Repeat) method can optimize returns, although such opportunities may require thorough market exploration.Should you require further assistance in evaluating potential investments to align with your business strategy, I am available to offer guidance.
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10 July 2024 | 0 replies
Or just keep renting/waiting (mortgagetruth).Today’s Interest Rate: 6.99%(👇 .09%, from this time last week, 30-yr mortgage)Briefly, because I want to get right to our main topic of today’s newsletter, a few comments on what Jerome Powell said on inflation this week.
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3 July 2024 | 4 replies
Conduct thorough due diligence, including property inspections and financial analysis, to ensure it aligns with your investment goals.Property Management: Since you'll be living in one unit and renting out the other, familiarize yourself with basic property management practices.
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8 July 2024 | 5 replies
The pro's for me were that I didn't need to chase after renters for rent because Section 8 mails it to you directly and the yearly inspections were a pro for me because I know what I need to do in the house.
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8 July 2024 | 18 replies
I only charge for a background check when I have personally already looked at local court records for every location listed on the app.
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8 July 2024 | 15 replies
"for rent by owner", investors)-search for non-homestead properties in your county and send postcards to those owners that own homes that meet the criteria you want to focus on-network with real estate attorneys -network with trustees in banks that offer trustee services-look up court records of landlords who have filed their own evictions and send them postcards -network with HOAs that have non-homestead properties in that association -when you see a "for rent by owner" sign in your area, send the owner a letter -join Facebook groups (for rent by owner, landlords) and being to contribute -improve your SEO on your website-find someone who can help you gather landlord info from Zillow, etc.
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8 July 2024 | 15 replies
Is he just going to pay half the mortgage in the form of rent are is he going to hold equity/title in the property?
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5 July 2024 | 6 replies
We would have to rent it for 2,800k/month 4b 2.5b.
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5 July 2024 | 2 replies
In 2023, I received orders to relocate to Beaufort, SC, and was able to rent out my NC home immediately, generating approximately $500 in monthly cash flow after accounting for property management costs.
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7 July 2024 | 6 replies
Including utilities in the monthly rent is more likely to cost you and create problems.