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12 August 2024 | 5 replies
In fact, the last job I had was very slow at times so that gave me time to work on the RE analysis and managing the properties I already had.
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7 August 2024 | 32 replies
Even if I pay the 10% penalty for early withdrawal.
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13 August 2024 | 97 replies
Slow and steady wins the race.
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10 August 2024 | 11 replies
And this is exactly why I tell people to take it slow with 1-2 properties at first before scaling.
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8 August 2024 | 1 reply
I think we are at the point, where labor costs are actually going down as most of the labor relies on big national builder's for their work, and with home sales slowing down, we are seeing labor rates competing for work, which is driving down the costs.
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8 August 2024 | 19 replies
One where they are actively looking at slowing evictions.
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8 August 2024 | 3 replies
There are tons of loan products out there but low fees is rare because everything is a lot more expensive nowadaysGap lending is too risky as prices are slowing/falling in many markets.
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14 August 2024 | 134 replies
I just made the best decisions I could make at the time I let my group of investors know that the project was going to extend as we wanted to slow down and let prices come up better to have the project go a little long that to build another batch of homes and have them sit and paying debt service. 90% of my homes have closed within 10 days of CO and I have given no more than 5 or 6 credits for interest rate buy downs.
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8 August 2024 | 5 replies
Catch all the red flags prior to submission cause once you submit a file that has uncaught red flags, that's when your process slows and lender's get nit-picky.From a lender, I want you to work fast, if I am hustling on my end to make it easy for their processor and underwriter then I expect fast work with an open line of communication and I want my rep at the lender to be able to fight for me or my clients should an obstacle arise - which they usually do.
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8 August 2024 | 14 replies
I have been investing in Miami Dade County area, so i can't talk for the rest of FL that is a different beast, county by county, so I give you my point of view of Miami.The key point is which type condo are we talking about: newer >2010 condo, old condos, in key growth areas or not.Data, as always, speaks: condo sales ares slowing down, overall Miami is close to be a Buyer market overall (it is already a Buyer's market in many zip codes...), while appreciation is on average +5.5YoY.