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20 August 2013 | 6 replies
You have to taken step 1, so just figure out what steps 2 and 3 are and do them.Me personally, I experienced practically ALL the real estate strategies available for residential real estate.In 10 years...I wholesaled a LOT of deals, I did buy-fix-resell (retail) deals, subject to that I leased optioned, SFRs that I rented, I owned and resold land, I owned a 36-unit apartment building in a war zone, and I am part owner now of a 133-unit apartment complex in a nice area.After experiencing all these real estate strategies, I realized...1.
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20 August 2013 | 23 replies
Most of the CE classes are targeted toward the broader Realtor market trying to sell pretty retail houses, which I could really care less about because that isn't my business.Back to my point, the education you will receive will prove very valuable and certainly put you in a better position to get involved in real estate.
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18 August 2013 | 15 replies
If you are wholesaling work those leads fully independent of anything you are doing as an agent, other than disclosing that you are licensed.Grey areas I can see are if you get a lot of prospects that won't work as wholesales but would be possible retail listings.
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2 January 2014 | 47 replies
But that may not make what's essentially a retail priced house go.Do you have it on craigslist?
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20 August 2013 | 15 replies
No parking = rental in almost every case which makes for a more difficult retail sale. be careful there.Rules mentioned are just guidelines, not hard and fast or silver bullets.
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17 August 2013 | 2 replies
I've been a manger in different retail environments the past few years.
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18 August 2013 | 1 reply
You won't have a problem getting 107-108K retail ARV, which is not too shabby if you ask me.
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25 September 2013 | 21 replies
I do mostly rehab flips these days and I only list about 1/3 of my stuff for sale myself and there has to be a pretty good reason for me to do it.Selling a property is a PITA to a retail buyer.
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19 August 2013 | 10 replies
We also did some office/retail condos.
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21 October 2013 | 28 replies
$500K (5 Homes ARV) $250K (5 Homes w/Existing Financing) $250K (Sweat Equity) $75K (5 Homes @ $15K each - Out of Pocket Investment) $175K (Gain) $233.33% (Gain) With $25K (Still in your pocket) Not to mention rental income and/or in conjunction with refinance (cash out) or another exit (refinanced or not) Sell Above Retail, with an increase of 20% (for future market appreciation - may vary location to location) proving a purchase price of $120K with a balloon in three to five years (with average of 20% down from potential buyer) - Which could place back in your pocket an immediate $120K for investing in additional real estate while still earning profit per month on notes you hold on all five (5) properties up to three to five years.