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4 December 2020 | 0 replies
Yes, cash flow was an objective, but the greater objective was to learn what to pay attention to when considering tenants and investments.How did you find this deal and how did you negotiate it?
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6 September 2021 | 14 replies
Listen to podcasts, read books, and find websites on real estate.Books:Rich Dad, Poor Dad by Robert KiyosakiIt’s a Whole New Business by Gene Trowbridge Principles of Real Estate Syndication by Samuel Freshman Podcasts:BiggerPockets Podcast Best Real Estate Investing Advice Ever with Joe FairlessRod Khlief - Lifetime CashflowAsk QuestionsRelevant Facebook groups and forums like BiggerPockets can help you learn what questions you should be asking.It’s likely that other people have asked about your same concerns and, just by reading through the forum’s questions and answers, you’ll gain clarity.Remember there are no dumb questions and that you have the right to be diligent about gathering answers to your concerns.
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7 December 2020 | 9 replies
I would also look at price per door, because that's far more objective than cap rate (particularly when broker math is involved)Generally speaking I would be equally, if not more, focused on the sponsor's comparable rents & properties, Capex budget, and physical due diligence.
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8 December 2020 | 25 replies
The cash flow may be harder to achieve straight off the shelf here than other markets, but the overall returns (increased cash flow from rent increases over time, appreciation, principle pay down, and depreciation tax benefits) are great here.
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13 December 2020 | 3 replies
There is not need to add other variables into this such as principle being paid down, appreciation of the asset, time value of money.
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8 December 2020 | 9 replies
I'm also aware of being objective and just looking at the numbers, I just want both.
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18 January 2021 | 7 replies
@Molefi Branson there are multiple options to spending your capital but it really depends on you goals and objectives.
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7 December 2020 | 4 replies
What should be the primary objective of a newbie investor for the first 6 months.
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7 December 2020 | 2 replies
They aren't unrealistic issues/concerns but I feel he wont pull the trigger unless he's 100% sure there isn't a risk and in his principle and in real estate there isn't such a guarantee.
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11 December 2020 | 12 replies
That being said, if you use the VA loan to house hack, and can slash your living expenses, and pay down a decent amount of principle every month, it might still be a good investment!