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14 October 2024 | 8 replies
But once you get tenants and leases in place, lenders will really dig in to the details.
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21 October 2024 | 3 replies
Whatever your goals are, I'd love to help you reach them.
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23 October 2024 | 2 replies
Most of the courses are now online, so you get very little teacher input.If you are looking for actual builder knowledge, you should be looking for in-person classes.
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14 October 2024 | 3 replies
We know this because we stopped and asked the those tenants questions about rent, time of stay etc.
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12 October 2024 | 2 replies
Background: I offered on a condo (still a newbie to investing myself, although this would make my third STR and second in one market), and the same day a second offer came in, higher.
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19 October 2024 | 3 replies
The above efforts definitely helped and we thought we had the issue fixed, but the water is now smelling after the house has been vacant for a week or so.We plan to get the water tested for Sulfur, bacteria and iron.
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15 October 2024 | 5 replies
While it’s relatively simple and can help you find deals, it’s also time-consuming.
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18 October 2024 | 4 replies
This home had a HUGE delay that cost us thousands of dollars.The group that put in the underground plumbing dug the plumbing too low, and by the time we caught the mistake, the slab had already been poured and the septic tanks installed.We had to dig up the septic tanks, install a lift station, and reinstall the septic tanks.This all happened during 2 hurricanes, which caused even more delays.Time kills deals.This is why you need to 1) be conservative with your timelines and costs, 2) add contingencies to your budgets, and 3) have a healthy profit margin.
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16 October 2024 | 2 replies
We have been putting most of our extra money into retirement accounts before this.