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7 August 2024 | 27 replies
While the obvious caveat to this is a slightly higher purchase price (if you choose to do so), there are a variety of benefits to this strategy as well, such as:- The idea of getting a Lump Sum Payday (from the bank) AND a steady stream of Passive Income from you as an investor for the downpayment is incentivizing to most. - If the seller is desperate to close (due to health issues, family problems, liens, etc.), they may agree to Seller Finance the small amount in order to ensure the deal makes it to the closing table. - You're minimizing how much is coming out of pocket when closing arrives.
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7 August 2024 | 3 replies
This likely will vary by state.I do agree with you there is some definite potential to this approach especially for buyers with high incomes (and high tax rates) and looking for post retirement income streams.
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6 August 2024 | 24 replies
They advertise as Lender but are selling another mentor program/software package (which seems to be Prop Stream with their branding on top).
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6 August 2024 | 17 replies
If you plan your expenses properly the income you get from your properties will cash flow for decades and that is money you can reinvest into stocks if you want but it is a stream that is ongoing and you can pass down if you want.
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7 August 2024 | 14 replies
Those numbers are always great in theory, but people fail to understand what it is like in practiceWhen you are competing with 50 other units in your block for rent, can't rent the property to qualified individuals, and are dealing with constant maintenance/property/tenants issues, you realize that the returns are too good to be true.
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6 August 2024 | 6 replies
Constant communication, follow ups, being on top of their transaction, and making sure to not be salesy by pushing out terms that may or may not work.
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6 August 2024 | 6 replies
We're constantly improving the platform to keep it fresh and up to date.
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6 August 2024 | 29 replies
REI type- from rental to MTR, higher cash stream impact on valuation.5.
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6 August 2024 | 54 replies
We haven't raised membership costs, and we're constantly adding new features that bring more value to our audience.
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6 August 2024 | 0 replies
Constantly tracking your progress will help you stay motivated, focused, productive and accomplished as you check off each step.Look for Learning Opportunities - You will need to be continuously building your knowledge and skills and seeking out learning opportunities in order to stay competitive and advance in your career.