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25 January 2025 | 26 replies
I think it can be an easy transition to make from healthcare to Real Estate when you break down the things that you do on a daily basis.In terms of marketing yourself, use your social networks to announce your career change, and to post updates to your progress.
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10 January 2025 | 1 reply
Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.
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9 January 2025 | 12 replies
The only time I'd say it's an okay idea is if either: The area you're investing in is expecting so much appreciation that you will easily profit off that (watch out for mortgage interest though...the appreciation needs to be higher than what you pay in that and expenses to make it profitable)You have some specific reason for wanting to do it- family ties, future home, major long-term hold, etc.Maybe I'm forgetting another one, but those two are all I have for now...
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15 January 2025 | 14 replies
The high property taxes takes out most of the profits.
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8 January 2025 | 6 replies
If you’re not able to, then it may be better to sell the condo, take the profit (if you have some equity in the condo) and put it into a multi-unit to househack again.
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15 January 2025 | 49 replies
Has anyone successfully transitioned to REIHub and found it reliable, or does it also fall short?
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9 January 2025 | 35 replies
I definitely thought it was a scam but it was legit and easily one of my most profitable 1 night stays away from a pure revenue stand point.
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10 January 2025 | 0 replies
Initially, our plan was to fix the drywall leaks, clean out the property, and relist it for a small profit.
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9 January 2025 | 4 replies
@Matthew Cook I would NOT pay for the renovations unless I was on title or had a very formal contract written about the split of profits.
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19 January 2025 | 9 replies
I think flips only make sense when even if budget goes up 20% your numbers still show a strong profit.