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15 August 2024 | 17 replies
I charge around $70/hour, I set my clients up on a flat amount per month though.
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15 August 2024 | 4 replies
Hello Ilya,Where are you looking at purchasing your 1st property.When converting a property from a single family to a multi family, you will need to check on the zoning requirements, depending on your location, not every location has zoning.As far as lending goes, it is far easier to finance a single family up to a quadplex, than financing 5 plus units, the DSCR Market for 5+ units is extremely low right now, and there are few if any lenders in that space.For financing 1-4 units, there are Millions of dollars chasing those loans, so you can easily obtain long term financing, at rates between 5-7%.Please reach out if you have a property identified, and I can help you with financing options.
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16 August 2024 | 2 replies
So if a note investor bought this for $40k, spent $10k to foreclose and be in it for $50k and end up with a $25k property - they will not be in business long.
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15 August 2024 | 0 replies
We were so excited to go, but something came up, so we can’t make it anymore🥲The early bird price was $3,536 for everything.
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15 August 2024 | 18 replies
I use quality TP from Sam’s Club and supply 3 full rolls in each bathroom, adding a fourth for up to 7 night stays.
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10 August 2024 | 8 replies
Your best referral method will be owners telling other owners how great you have been.
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15 August 2024 | 0 replies
However, when you weigh that against the reduced maintenance and energy savings, it can balance out.Longer Lease-Up Time: New construction properties might take a bit longer to lease up compared to established neighborhoods, especially if the area is still developing.5.
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15 August 2024 | 13 replies
Most folks are willing to sit down and impart knowledge especially if you pick up the tab for lunch etc.
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9 August 2024 | 18 replies
I plan to regularly re-evaluate and refinance properties to pull out equity for further investments without over-leveraging.12.Professional Management: I’ll consider hiring a property management company to handle day-to-day operations, freeing up my time for further investments and strategic planning.Additional ConsiderationI've considered using the BRRRR method instead of paying off the mortgage first.
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16 August 2024 | 5 replies
Based on YOY return where this is located my sale price is $20k-$30k lower than present market, and it should just keep going up, but this mix-use presents an issue.