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2 May 2024 | 6 replies
Also check their website and make sure it's the same number.
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3 May 2024 | 5 replies
Check out facebook & meetup.com for networking events in your area!
3 May 2024 | 8 replies
Yes - Multifamily DSCR Loans can be a great option for this - check out this recent article posted last year on everything you need to know about Multifamily DSCR Loans (generally for properties with between 5 and 10 units) including comparison vs. traditional loan options!
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1 May 2024 | 15 replies
What I can say is that RentRedi is a complete management service that manages the entire process from marketing for tenants, through pre-qualification, scheduling viewings with calendly.com, the application, the background check/credit check/eviction check; automatic rent collection, repair/maintenance management: the whole nine.
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2 May 2024 | 8 replies
You can either send in capital you've saved in a highly accessible account or you can invest using your retirement savings.Wire Liquid FundsIf you've saved your investment capital in a highly-accessible, highly liquid savings or other bank account, you can simply wire the entire investment amount to the sponsor, according to the instructions provided in the investment documentation.
3 May 2024 | 11 replies
Hi Jagger-Great question.I am a fellow Michigander from Ann Arbor.Nothing against Maine but the Midwest has seen some of the strongest rent growth in the country.When I consult with my clients, if they don't have the budget for a market like Ann Arbor, I direct them to Lansing, MI.The cashflow is strong, the economy is stable, it is the State capital so there is always economic development creating new jobs, the price point is relatively affordable because the cost of living is lower there, and appreciation is predictably linear.I also advise investors to buy duplexes and up so you always have a rent check coming in most of the time if you have a vacancy.
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3 May 2024 | 12 replies
That way on a 75-80% cashout you can recoup your cost, and possibly add additional cash to your operating account, to scale your progress toward building a portfolio.It's not going to happen overnight but with consistent investments, each additional property should add equity, cash, and monthly cash flow to your portfolio, causing a compounding effect to allow you to scale.Let me know if you have any further questions, but this seems like a great place for you to start.
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1 May 2024 | 12 replies
Now property management takes little to no time and rent is deposited into our account automatically.
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4 May 2024 | 12 replies
Check out www.fundingyourbiz.com to learn more.
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4 May 2024 | 14 replies
Maybe check and see what your nearby competition has to offer...?