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What are your thoughts in investing in new homes? Purchase them cheap and then resell them a higher price? What is the upside and what is the downside of that business plan?Need some advice. Thanks
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Investment Info:
Single-family residence buy & hold investment in Jacksonville.
Purchase price: $85,000
Cash invested: $160,000
Sale price: $240,000
Renovation adding bath and 2 additional ro...
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Investment Info:
Townhouse buy & hold investment.
Purchase price: $87,000
Cash invested: $28,000
Baltimore row home, I acquired the property because I like the area and it was a good cash flow de...
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I'm getting ready to close on a fairly large deal in the northern Illinois area. My company is not only part owner but also tasked with handling the Property Management. We're taking a "value-add" approach to the rede...
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Just got off the phone with @Brian Gibbons after 45 minutes...What started off as me sending him a simple question via email turned into Brian taking it upon himself and taking time from his Investment day to ...
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I have an investment that is selling August and I will have a large capital gain. I'm trying to figure out how to use opportunity zones to defer and minimize the tax impact. I'm in the northeast so would prefer to inv...
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I just finished reading BP's "The Book on Managing Rental Properties" and there was an interesting suggestion to create a policy binder, complete with mission statement and values, to help you focus on what's importan...
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So I am a trying to figure out good percentage rates for maintenance, cap expenses, and vacancy rates on this deal and just looking for advice. These buildings have boiler systems which i have no experience with. Th...
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Hi, this is Dan Lindsay, my education and background were in recreational athletics, coaching and small business. I am currently a brand manager for a small retail software company in the DFW area.I am interested in c...
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We placed a tenant (Military family) at my property in Germany about three months ago. I used my team to conduct the turnover, and at the time the only condition that they had was to replace (some very outdated) carp...