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19 February 2024 | 5 replies
He will be able to guide you into your best insurance options.For your loan renewal, you can call Dennis Jimenez (CBRE) at 321-279-5098 for traditional multi-family lending.
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20 February 2024 | 1 reply
You call it.
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20 February 2024 | 3 replies
I would suggest jumping on a free call with JD Monroe:https://l.facebook.com/l.php?
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20 February 2024 | 9 replies
Because what I mean by those "unexpected repairs" is that I simply set aside a set amount of the gross rental income each month as sort of a safety net aka just incase money for things such as a leaking pipe that I didn't know was going to happen before it happened thus it was "unexpected"So... technically I can't take out that 1% because that's just my own safety net savings I set aside but from that savings if something does happen that year and I have to make a repair that does end up as an "operating expense" since I have now spent that money and not just set it aside like with the unexpected repairs moneyHope this isn't too confusing to understand but now that I am reading over this I think I have answered my own question :DHa, yes those = unexpected repairs (which you could also simply call "reserves").
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20 February 2024 | 0 replies
Hi, I ran across Art Veal who is selling a retail wholesaling course that he calls Quick Turn Real Estate.
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20 February 2024 | 11 replies
I'll definitely add Chroma to my list and give you a call soon!
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19 February 2024 | 9 replies
This is a very advanced technique and if your financial company allows this make sure you speak to them about the risk of your holdings/loan being called if you go this route.Also, keep in mind that if that 2nd loan is paid by your savings account, your checking account, a HELOC, another loan...it still means you are net negative on that property.
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20 February 2024 | 4 replies
Hi everyone,I'm in the process of scaling my wholesaling business and am exploring the idea of hiring someone to not just make cold calls, but to also play a crucial role in finding properties and securing buyers.
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20 February 2024 | 6 replies
Happy to jump on a call and chat about the market here, as well as STR trends overall.
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20 February 2024 | 15 replies
That's why you need reserves (don't care if you call it the rainy day fund, the oh crap fund, the long term savings, whatever).