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19 February 2015 | 5 replies
So, I'm essentially rebuilding my retirement from scratch.
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19 February 2015 | 3 replies
Hey Chakits,Essentially if your 401k is with your current company, you probably won't be able to move those funds until you retire or leave the company.
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22 November 2015 | 92 replies
Essentially what happened here is this:He put the numbers into the calculator and reached out to me to "translate" what those numbers meant.
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21 February 2015 | 8 replies
I know i can do things like read the paper and be vigilant to find out where new schools or arenas or shopping centers are being built but how do I find out where teh good neighborhoods are, where rent is going up, where the new up and coming district is, etcChicago is a huge city and I'd really like to make this first purchase the right one.
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22 February 2015 | 15 replies
Here's a quick summary of what you need based on my approach (others may do it differently): Identify a market that you want to wholesale inFind and/or buy a list of high-equity homeownersSend out yellow letters to the list with a phone number that goes to voicemailWait for calls to come into your voicemailReturn the calls, identify motivation, gather intelligence (address, motivation, asking price, etc)For properties that meet your criteria, make an offer using this formula (ARV * 70% - Rehab Costs - Wholesale Fee)Get a signed accepted offerHaving someone on the ground visually inspect the property, negotiate price again if the rehab is greater than you expectEither open escrow and buy the house and then dispose of it a number of ways or find a cash buyer and assign it to them.That's essentially what I'm doing in a nutshell.
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21 February 2015 | 2 replies
I'm looking for someone I can share my vision with, and is willing to teach me the essential strategies, etc.
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9 May 2017 | 18 replies
Well this year, I was contacted by the other water district and now they want easement rights to the other side of the land, but at some point they overlap.
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22 February 2015 | 2 replies
Essentially, the plan is to buy (between 6-10 units) and slowly renovate each unit every couple months.
22 February 2015 | 3 replies
Hello BiggerPockets, happy Sunday!So I joined last week and made my introduction. I was warmly welcomed into the community with positive and encouraging responses, which I thought was awesome.Many recommendations were...
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27 December 2020 | 9 replies
Essentially, its fairly seem less but there are some things to keep in mind.