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5 May 2022 | 17 replies
The challenge you might be facing is financing especially with smaller parks (under $500k), very few local banks offer financing for them, and if they do, they want you to have experience or at least prove that you know what you're doing.
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18 November 2021 | 2 replies
It will be tough to get away with using no money.
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18 November 2021 | 1 reply
With the market the way it is, finding profitable investment properties can be tough.
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1 December 2021 | 22 replies
All adds up that a pool is tough (maybe impossible) to obtain additional rent on long term rentals that covers the maintenance/cap expense.However, cost to add a pool is very large.
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28 November 2021 | 14 replies
I have signed leases and have years worth of bank statements to prove that I'm bringing in the rents (which I'm also claiming on my tax returns).
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20 November 2021 | 11 replies
@Paul Riley Tough question because you really need both for success in REI.
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22 November 2021 | 9 replies
Finding deals is tough in those markets unless you're prepared to go off market.
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20 November 2021 | 8 replies
I also understand I could rent out a bedroom in my unit, bust just curious if I have to be there or prove I love there i.e. mail?
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26 November 2021 | 13 replies
It is much more practical, less expensive to purchase, more profitable and easier to purchase multi-unit properties than single-family properties and I will argue and prove my statements, any day, should someone like to get into a serious debate vs. some one-like b.s. arguments.Buy 30 single-family properties, pay down the mortgage, retire and you will make a living and barely keep up with inflation..
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7 December 2021 | 86 replies
gosh thats tough, Im sure the kids have no clue the cost of the repairs/replacements.