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1 June 2024 | 4 replies
I was just under contract for a duplex that needed 2 repairs prior to closing that would have cost in the $7500-10,000 range.
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30 May 2024 | 12 replies
It's very competitive to recruit realtors, you have to train everyone, you have to create your culture, processes, a ton of stuff.
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1 June 2024 | 48 replies
The cost of the course delivers the best value that I've seen so far.
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2 June 2024 | 2 replies
I would like to express my gratitude to Jack and Russel, who have been gracious with their time and provided valuable guidance related to the DC Metro area.My Strategy:- Invest in rental properties below $400K with a Cash on Cash return of over 6% and an ROI of 7%- Consider flipping opportunities for properties costing more than $500K with an ROI of 7% or higher- Prefer to stay in the DC metro area but i understand that its a tough market for investors.
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31 May 2024 | 7 replies
We get offers accepted while they are LOWER than the competition because we are credible "they just have a better feeling about us".And why not?
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1 June 2024 | 5 replies
Both of them are by the bedroom and this new one I just completed a master bedroom build added on to the back of the house with a private entrance for myself so I’m currently renting out the other 3 beds.Which cost me thousands more than I expected due to contractors not performing like I had expected etc etc.
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1 June 2024 | 6 replies
You will eventually have a house earning $1,000 a month or even $1,500 a month and the property value will be $200,000 more than you bought it for.Instead of incurring more costs by selling and then buying a new property, focus on keeping this one forever and saving up for the next purchase.
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30 May 2024 | 4 replies
If you haven't yet I would suggest looking at Furnished Finder and Zillow in the areas that you are considering in Northern VA to get a general sense of the competition.
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30 May 2024 | 5 replies
You could sell and 1031 it into the next property but you'd usually have to time the sale of your existing property and the closing of your new property right.I also wouldn't worry about having central air in the property unless that is essentially a requirement for you to remain competitive with the rest of that market.
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30 May 2024 | 10 replies
You can seize assets and have them sold but again the costs are paid by you and added to what they owe.