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29 August 2020 | 9 replies
All of this was DIY with some help of a friend who was a licensed electrician and plumber.Now, on the market for $950 and getting inundated with requests and applications.
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6 July 2020 | 2 replies
I would like to try flips to fund more rentals eventually but I have a good thing going now and want to keep learning what I’m good at before I venture off.
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9 July 2020 | 9 replies
Joint-Venture with a local investor
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6 July 2020 | 2 replies
We are looking to venture over and expand to the Chicago market and would like to chat and discuss with investors that reside in Chicago who have some experience in that market.
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13 July 2020 | 23 replies
After many years of doing my own taxes with forms A, C & E using Turbotax we started using an accountant when we formed an LLC like 5 years ago for our properties. Now he's MIA, and we weren't all that thrilled wi...
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9 July 2020 | 23 replies
My tenants are psychotics or mutts, @Luke Carl would never rent to one of my tenants, and likewise, none of his tenants would have any reason to venture in to my town.
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8 July 2020 | 5 replies
If they're equitable owners theoretically it should be a bit on the higher side, but tied more to the profit of the venture itself.
28 July 2020 | 3 replies
I cannot speak about specifics in the Seattle market, but $165k doesn't sound like a lot to work with in that market, unless you are going to venture out into the tertiary markets well outside of the Seattle Metro area.We used our HELOC, $175K, to fund the purchases of BRRRR properties out of state.
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16 July 2020 | 16 replies
You can find them here:https://wordpress.org/themes/There are many themes that are free and more than fill the needs for real estate.Feel free to message me if you want to go the DIY route.
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9 July 2020 | 5 replies
In terms of immediate next steps, here are a few tips- Save six months of living expenses and put them in a separate account- Save your down payment for the FHA loan and reserves/expenses for your first rental in another separate account- Get prequalified for a loan- Don´t do anything hasty between getting preapproved and buying (like getting a new car or changing jobs)- Develop/steal/borrow a template for analysing deals- Analyse a lot of deals, get used to crunching numbers every day- Don´t let any earnest money go hard without getting a full inspection from a licensed professional- Utilise but don´t overestimate your DIY skills.