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24 October 2023 | 17 replies
Here are some of the reasons why fix-and-flips are often perceived as more popular:Simplicity: The fix-and-flip process is straightforward, making it easier for newcomers to understand compared to creative financing.Quick Returns: Investors typically see faster returns with fix-and-flips, making it attractive for those looking for a quick profit.Tangible Assets: Dealing with physical properties throughout the process can be appealing to investors.Media Influence: Reality TV shows and media coverage often highlight the excitement and profit potential of fix-and-flip projects.Access to Capital: Many investors have access to capital, which makes funding fix-and-flip projects more accessible.Local Market Factors: Market conditions and the availability of distressed properties can influence the popularity of fix-and-flip strategies.Risk Perception: Creative financing may be perceived as more complex and riskier, while fix-and-flip projects are seen as more straightforward.Both fix-and-flip and creative financing strategies have their place in real estate investing, and the choice between them should be based on individual goals, risk tolerance, financial resources, and market opportunities.
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15 January 2024 | 3 replies
Do you go out and physically take them, ask current owner (if possible) or just use google maps?
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12 October 2020 | 3 replies
You have to physically look at the paystubs, verify employment, and check the court records for landlord tenant history and any potential garnishments.
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25 August 2015 | 221 replies
He does everything that requires a physical presence (collecting rent, leasing units, doing repairs) and I do the books and any clerical work like placing ads or ordering materials.
6 July 2013 | 5 replies
This means that no one can find out who the owner is without physically breaking into the accounting firm's office and looking for the signature of the beneficiary.
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3 November 2015 | 11 replies
There is no substitute for being physically present with experienced investors.Let me know if you need any help finding other resources to help you get started!
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4 January 2016 | 87 replies
I will not go to the property and physically collect rent and really don't prefer mailed checks or money orders.
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2 March 2016 | 27 replies
Very few of the "cards" are physical.
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28 February 2016 | 13 replies
It seems like the banks require the person to physically come in to sign forms/docs.
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26 March 2016 | 14 replies
That's pretty easy way to take some of the pain out of doing up a new lease every year by not having to go visit them physically.