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9 July 2024 | 1 reply
It's crucial to conduct thorough due diligence on the property to ensure it has potential for value appreciation or can be renovated to increase its market value.To learn more about seller financing and strategies for adding value and reselling properties for profit, consider studying real estate investment books, attending seminars or workshops, and networking with experienced real estate investors who have successfully used this strategy.
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8 July 2024 | 3 replies
I'd love to see a bunch of case studies on rehabbed RV parks and the ROI 5, 10, 15 years out with creative financing strategies for folks who want to try it.
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8 July 2024 | 2 replies
We have been studying many resources, and have found the most valuable information from the Bigger Pockets platforms.
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9 July 2024 | 10 replies
Here's how to get started and advice on each area:Section 8 Rentals:Education: Learn about the Section 8 program, including eligibility requirements and benefits for landlords.Networking: Connect with local landlords who have experience with Section 8 rentals for practical advice and insights.Property Selection: Look for properties in Raleigh, NC, and surrounding areas that meet Section 8 housing standards and have potential for rental income.BRRR Method (Buy, Rehab, Rent, Refinance):Research: Study the BRRR method to understand how to find undervalued properties, finance renovations, and refinance to pull out equity.Partnerships: Consider partnering with contractors, lenders, and real estate agents experienced in BRRR to streamline the process.Market Analysis: Analyze local market conditions to identify neighborhoods with potential for property value appreciation and rental demand.Airbnb Properties:Regulations: Familiarize yourself with local regulations and zoning laws governing short-term rentals in Raleigh, NC.Property Preparation: Prepare properties to meet Airbnb standards, including furnishing, amenities, and guest experience.Marketing: Develop a marketing strategy to attract Airbnb guests, leveraging platforms like Airbnb and optimizing property listings.Overall Strategy:Continuous Learning: Stay updated with industry trends, attend local real estate meetups, and consider joining real estate investor groups.Financial Management: Manage your LLC, Opal Capital Holdings, effectively to track expenses, income, and tax obligations.Long-Term Goals: Keep your multifamily apartment goal in mind, and progressively scale your real estate portfolio based on experience and market opportunities.If you would like some help getting started, or just want to discuss please feel free to reach out to me directly.
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11 July 2024 | 6 replies
Very Interesting, I'll ask you more once I finish studying some material.
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8 July 2024 | 7 replies
Start by joining local real estate groups, studying the market, and learning more.
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7 July 2024 | 1 reply
I am new to investing and have been doing some homework/studying what I can find and reading as much as I can.
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8 July 2024 | 9 replies
Wall Street thought we were going to get six- eight rate reductions this year we’ve seen none so far and stagflation is setting in , the Fed is trapped , if they reduce rates now , inflation could catch on fire if they increase them again too much something in the economy will break I think we’re in this holding pattern for one to two years personally, I don’t claim to be a macro economic expert, but I do study it quite a bit and I’m not counting on or expecting rates to come down anytime soon and even if they do, they’ll just be small quarter-point rate hikes not enough to make a huge difference in cashflow, so ..I either hold and if they do decrease rates, there will probably be another asset inflation bubble, which will increase my appreciation, or my cell and deploy the capital more wisely and look for some market softening and buy a good deal
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8 July 2024 | 15 replies
Smart steps include studying the market, planning your money, thinking about law stuff, and looking after the property.
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8 July 2024 | 35 replies
It’s March 20, 2020, and you have been stuck at home for about a week now and have been meticulously studying the stock market.