11 March 2024 | 7 replies
Dont suppose I'll get it...again, i've never done a real estate deal other than purchasing my house over a decade ago. without experience there's just so much i dont know.networking is a sore spot, i'm just not a people person. thats one reason i look at real estate. since i plan to have any properties managed, i wont have to deal with a lot of people. i imagine you'll scold me for this but whatever. i'm never going to be a people person and thats set in stone. it's something i have to work around not overcome.It seems I always get to the same point with real estate where I take the safe and easy route and leave my $ invested in the stock market. the thing that appeals to me about re, and i'm more focusing on rentals, non b&b, is steady income with an appreciating underlying asset. whereas the market is up and down. i can get totally safe 5% from short term bonds, but i know my principle is withering away from inflation (i dont believe the gubt bogus 3% cpi). with a rental house i could get 5% rental income, and the house will appreciate ~5% a year. that's a huge difference. the other thing i'm somewhat interested in is flips, but same story there, i just dont have the knowledge, and all the reading this forum or watching yt's in the world only gets to the surface as it's all airy generalities.
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12 March 2024 | 21 replies
You might suggest they locate and use a real estate attorney to assist with this plan .
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10 March 2024 | 3 replies
When I interviewed my current 100% commission broker I laid out my plans as an investor to which he was good with.
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9 March 2024 | 0 replies
I have 20k saved and plan to use an FHA 203K loan and house hack to net zero/cash flow minimally on my first investment.
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9 March 2024 | 3 replies
We have selected the builder plan and options for the structural changes back in January 2024.
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10 March 2024 | 4 replies
If you plan to hit up some of the local networking events, let me know and I'll probably be there myself.
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11 March 2024 | 11 replies
High-interest rates on credit cards can add unnecessary financial burdens, so it's advisable to have a clear plan to pay off the balance promptly.Considering an auto equity loan on your Ford Fusion or a home equity loan on the mobile home are worth exploring.
9 March 2024 | 5 replies
Yes thats no problem as long as you plan on residing there.
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12 March 2024 | 41 replies
What is your game plan with the money if you were to wholesale the property?
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9 March 2024 | 3 replies
My plan is buy and hold a long term rental first and then slowly evolve into short term rentals.