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3 June 2024 | 3 replies
The more property you inspect, the more of an expert you will become in your area.Once you feel comfortable with inspecting properties, learning the right questions to ask, understanding your local market, and HOW to evaluate each potential deal, THEN you will know a good opportunity when you stumble upon it.You can transfer those skills into looking at other markets and will have some clues as to what makes a good deal.
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5 June 2024 | 15 replies
The journey will never be 100% smooth, but you'll get better at solving unforeseen problems and building better systems to prevent the unforeseen from stopping your flow.
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4 June 2024 | 9 replies
That should solve a lot of your problems.
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4 June 2024 | 12 replies
Just my opinion, but people peddling advice on a podcast and in seminars have no clue about how the real industry works.
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3 June 2024 | 4 replies
Ask them what their biggest pain points are, then figure out how to solve their problem.
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3 June 2024 | 19 replies
Vacancy is costly and while there is no way to guarantee one tenant is going to stay longer than another, talking to people and learning a little about their life and situation should give you some clues as to how long they might stay in your place.The probability of you getting a home-run tenant right off the bat is pretty low.
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4 June 2024 | 43 replies
Unfortunately, most people cannot envision how to make a room work, they need to be shown and staging solves that.Also, and it's too late now, but all the price decreases you did (I counted 8) with many happening weekly show desperation to sell.
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9 June 2024 | 223 replies
These things will help you if there is a problem with the town later (you can go after the Seller potentially for a misprepresentation but it will not solve the problem).So in short, any investor in a two family should be aware of the legal nonconforming doctrine.
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5 June 2024 | 116 replies
(Good option but does not solve for long term wealth the same way as equity).While I’m a bit bearish on rents for the next 24 months, I think they explode nationwide when multifamily supply stops coming online in 2H 2025, especially if rates stay high.
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31 May 2024 | 11 replies
Does this mean that there is debt in the roof and it is possible that the house can be taken away if not solved?