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19 March 2024 | 4 replies
I've read and listened to plenty of podcasts and have gotten in the game...I'm just looking for that coaching and knowledge to propel my further and faster than figuring it out on my own.To any experienced investor willing to share their wisdom and insights, I offer my willingness to learn, and hands-on support in your projects.
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17 March 2024 | 0 replies
Investment Info:
Single-family residence other investment.
Purchase price: $269,000
Sale price: $620,000
This house has been professionally remodeled with some impressive updates. Boasting majestic ...
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18 March 2024 | 15 replies
Definitely looking for BRRRR findings - My goal is to have a portfolio of 30 houses in 3-5 years.Any thoughts?
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19 March 2024 | 0 replies
I love projects where I can make a real difference, and this was it.
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19 March 2024 | 0 replies
High Maintenance Costs: Escalating maintenance costs can erode your profit margins.Change in Neighborhood Dynamics: Shifts in the neighborhood that negatively affect your property’s value are a red flag.Better Investment Opportunities: Selling might be wise if you've identified a more lucrative investment opportunity.Cash Flow Necessities: If you need liquidity, selling a property can provide a significant cash inflow.Tax Implications: Sometimes, selling can be advantageous for tax reasons, especially if you can benefit from capital gains tax laws.Personal Financial Changes: Changes in your personal financial situation may necessitate liquidating assets.Retirement Planning: Selling investment properties can be part of transitioning into retirement.Portfolio Diversification: Selling might be necessary to avoid overconcentration in real estate.Legal or Regulatory Changes: New laws or regulations can impact the attractiveness of holding onto a property.Ownership Challenges: If the burden of ownership outweighs the benefits, it may be time to sell.Real Estate Market Trends: Anticipating a downturn in the market can be a reason to sell early.Interest Rates: Rising interest rates can reduce the pool of potential buyers and lower property values.Property Value Appreciation: If your property has appreciated significantly, taking profits might be smart.Lifestyle Changes: Sometimes, personal life changes dictate a shift in investment strategies.ConclusionDeciding to sell an investment property is a complex decision influenced by market conditions, personal circumstances, and future investment goals.
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19 March 2024 | 7 replies
Be real in your interactions, share your goals and don't be shy about giving back.
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19 March 2024 | 5 replies
My goal from day 1 has always been passive income as much as possible.
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19 March 2024 | 3 replies
You're speculating on city projects but you can't control those things.
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19 March 2024 | 1 reply
I love projects where I can make a real difference, and this was it.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2773228/small_1687191892-avatar-detricks3.jpg?twic=v1/output=image&v=2)
19 March 2024 | 9 replies
There’s a ton of upside potential here and projected future growth.