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6 January 2025 | 2 replies
Currently still favor the house rental for MTR and long term strategy in ABQ, but I don't think you generate any solid cash flow unless you can get a turnkey 2BR for under $250K.
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10 January 2025 | 8 replies
But maybe your tenant reaching out and mentioning that they're going to be forced to file a police report for fraud could generate some traction...obviously the real objective here is to just get the seller to call you back...
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26 January 2025 | 51 replies
Multiple properties listed on the website portfolio appeared to be ones they would possibly not have initiated the LOI/PSA/sale as the properties are known to be bought/run/sold by other entities/syndicators.
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6 January 2025 | 8 replies
I prioritize appreciation, tax benefits (rental property expenses, depreciation), ability to use leverage, and passing on generational wealth with real estate.
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6 January 2025 | 2 replies
They tend to cost more to construct then they add in value, they are generally more valuable for a property you are holding as a way to generate more income.
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19 January 2025 | 61 replies
Your argument would suggest that if I bring home $2k/month in cash flow from a rental property in LA (where I live), that's a good deal, even though I probably had to put $2M cash into it initially.
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7 January 2025 | 11 replies
Will you be funding your own rehab or would you need to roll those funds into your initial loan?
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8 January 2025 | 11 replies
Thanks again to everyone who is reaching out I feel confident that I will be able to move forward with at least one of the contacts made since my initial denial.
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10 January 2025 | 4 replies
Generally there are multiple units for each "zone" if you will when I've seen them installed.Regarding your problem at hand, I personally would simply adjust your plan to move and make your initial plan to get the current issues resolved, while costly now, in the long run holding onto the unit will likely pay off.