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27 November 2024 | 10 replies
In my ideal scenario, I would do some more entry level projects to start off while I learn the ins and outs, but my goal would be to eventually work on more luxury flips - larger scaled projects in more desirable neighborhoods (though fewer and farther between).
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5 December 2024 | 34 replies
I'm a member of one local STR page that vets owners by requiring they see a utility bill with the address and the owner's name.
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2 December 2024 | 1 reply
I would however recommend elevating anything placed in a non-elevated utility room to ensure damage is unlikely in future storms.
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5 December 2024 | 17 replies
The one percent and 2 percent rule ive never looked at ... cap rate is .. meh .. its there - what im most concerned with is the price of the home relative to comparables and cash on cash to start. 9) I look the other way if it is a multi unit that is not separately metered - thats always one of my criteria here in pgh as there are a lot of older homes and a good portion you wind up worrying about who will cover utilities.
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2 December 2024 | 2 replies
Regarding property management, utilizing local property managers can save you time, and using PropStream effectively for filtering properties by distress level and location will certainly help with finding stronger deals.
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25 November 2024 | 4 replies
You could even offer glamping (luxury camping) to make it more attractive.Agriculture Leasing: Lease the land to local farmers or ranchers.
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5 December 2024 | 31 replies
I know many successful investors that utilize it and some have higher-end properties in areas like Maitland.
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27 November 2024 | 1 reply
I'm utilizing social media to the fullest with multiple groups that are centered around moving to Florida.
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7 December 2024 | 150 replies
Originally posted by @Michelle Winberry:@J Scott Kim's analogy was about accessing an Experienced Mentor, if you get that free, awesome, if you don't have that luxury then an investor does what is appropriate, get one and pay for it....Just to clarify, in the business world, mentors are typically unpaid -- they are people you have a personal relationship with and who help you because they have a vested interest in your success, not in a monetary reward.
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10 December 2024 | 39 replies
Are they sitting on concrete foundations with full utilities to each?