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21 June 2024 | 20 replies
@Kiefer CheneyTo do well in real estate, learn well, set clear aims, gather a team, check out deals, pick a main area, go for it, keep on track, and learn from slip-ups.
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20 June 2024 | 18 replies
I'd recommend speaking with @Matt Solis as well!
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21 June 2024 | 8 replies
Hi Eric, I'm an investor in Birmingham (as well as Atlanta and Indianapolis), and I grew up in Birmingham, though I don't live there now.
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21 June 2024 | 2 replies
We totally get the premise behind the Brrr method but at the same time, if you can utilize the same cash principle to buy a bigger, better rental house that will appreciate well over time due to location, wouldn't it also make sense to consider using the cash house equity for this bigger location house to be refinanced later at a lower rate and take the equity out of the better location house then and use the equity later?
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21 June 2024 | 23 replies
I would be interested in hearing about any experiences as well.
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21 June 2024 | 10 replies
There are some expenses (mostly noncash items) that can be added back to your income - depreciation is the most common/well-known.If you have strong revenue and are reporting a lot of expenses to reduce your taxable income, a bank statement loan may be a good option for you.
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20 June 2024 | 7 replies
Hopefully, this first investment will launch our journey in real estate.Here are some criteria we have in mind:Not in downtown SacramentoClass C+ or B location, since we will be living in one unit (we just want a safe location)Units with shared walls, not ceilingsSeparately meteredFairly renovated or well-maintained (not a fixer-upper, but if one unit is renovated and the others need some work, we would love the experience of fixing and renovating)Can you think of any other factors we should consider?
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21 June 2024 | 13 replies
These can do quite well in the Denver area if well furnished and marketed appropriately.
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21 June 2024 | 5 replies
Check out local meetups as well.
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20 June 2024 | 13 replies
Might me some tax advantages to this as well.