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3 July 2019 | 6 replies
@Brandon Phillips there are trade offs with regards to return, accessibility, and time when it comes to placing your money somewhere.
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5 July 2019 | 5 replies
I'm not as in touch with properties in the 20-30 unit range but larger assets (100+ units) are trading in the low to mid 6% range.
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7 July 2019 | 33 replies
Pro and con of that move:Pros:I can get paid to learn vs. paying to learnFinancial stability and good benefitsLearn a trade that could possibly help me do my own rehabsIt's a mobile job that I can take with me anywhere in the countryCons:it's a 5 year commitment in the apprenticeshipDoesn't leave a bunch of time to look for dealsI also really wanted to get my real estate license.
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5 July 2019 | 5 replies
You will have faster transactions if necessary with less administrative hassles/paperwork, and will be trading custodian time and money for LLC legal filings, bank accounts, license renewals, and tax return preparation time and $$.
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6 July 2019 | 3 replies
The better play may be to find companies tied to housing, with low or no dividends, that are currently victims of other factors, such as the threat of tariffs/trade war and how that alone would impact their bottom line.
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5 July 2019 | 0 replies
TV, radio talk shows, and Facebook are all full of how-to guides and tale trading of fantastic flips as well as those that turned to flops.But the fact remains, when done right flipping a property can be a golden opportunity to turn pennies into dollars.
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11 September 2019 | 16 replies
No big, national, publicly traded banks will do this loan type.
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10 July 2019 | 16 replies
I’m new to Real Estate investments, although not new to home ownership.I am a Cybersecurity and Risk Management engineer by trade.
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8 July 2019 | 19 replies
In addition to Jim's advice, I recommend scheduling a move-out pre-inspection walkthrough maybe a week before move-out for several reasons: 1) you can document all items needing repair and give the tenant opportunity to repair any damage instead of you deducting from their deposit and arranging the damage repairs yourself 2) anything that is normal wear and tear, you can begin to schedule painter, contractor, cleaners to come through and do a move-out punch list and cleaning the day after the move-out to expedite the turn and know exactly what needs to be done in advance of your new tenants. coordinating several trades means they all might not be able to come at the same time to allow paint to dry for example but it gives you a leg up on the process.
7 July 2019 | 4 replies
We need more trades and people in the trades have the potential to make great money.What about looking for extra jobs on the weekend-like building fences, sheds or handyman jobs?