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17 June 2024 | 19 replies
After finishing the first episode I jumped on here and decided to find and read your posts.Utah is expensive, I've attended a couple of networking events and attempted to ask questions on Facebook forms, people from a popular group called Renatus continue reaching out to me wanting me to pay for a $27k learning program.I read read Rich Dad Poor Dad and Cashflow Quadrant so far.I am puzzled at how people are finding the deals to begin with and discouraged already that I don't know how to build the skills and where to start to get into this network of investing.Any light that can be shed and tips or guidance would be much appreciated.As a beginner, the only value I would be able to provide to anyone is finding deals, the notice of default list here in my county on a monthly basis is the only thing I've attempted and my yellow letters have never gotten any response.I am willing to help provide value however I can as a beginner.
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18 June 2024 | 53 replies
Cap rate doesn't apply that well in this business because expenses can skew the numbers greatly.
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17 June 2024 | 8 replies
I can even do LTR on this property but I would prefer str or mtr so there’s always a backup plan
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18 June 2024 | 12 replies
The only thing I would add is that if I could do it over I would focus on standing out without an enormous furnishings expense.
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16 June 2024 | 27 replies
Start with small steps, pick deals wisely, plan your spending, and always have a plan B.
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18 June 2024 | 26 replies
Most of the clients, they will also work 9-5 but there will some that don't and you need to have contingency plans ready for those.Also, make sure to describe how intense those first years will be to your significant other, so they know what's to come.
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17 June 2024 | 5 replies
In the upcoming year, we are getting roommates to help with expenses while continuing occupying as primary residence.
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17 June 2024 | 2 replies
I am looking at a mixed use building in the 6 to 12 unit range in an expensive area of the country.
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17 June 2024 | 6 replies
First what's you net cash-flow after HOA fee and other expenses.