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I just finished Money: Master the Game by Tony Robbins. Great book! One part that really hit me in the book was the long-term opportunity cost of "little" splurges like regularly hitting Starbucks or eating out. Relat...
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So I just received a call from a lady who has received one of my probate letters. She left a voicemail and I called her back when I was avaialble. She said she was not the executor but the daughter of the deceased and...
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I have a great tenant , 23 year old guy . Just texted me telling me he wont have the rent on time . He has a car payment and rent and doesnt have enough for both . I have to believe his excuse . He is in the Coast ...
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Economic Update
(Monday, June 14, 2021)
For a period of time between 2018 and the beginning of 2020, the “Real House Price Index” (which calculates inflation in the Housing Sector) was falling, because Americans’ bu...
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Hey guys,
I'm debating about dabbing into the Section 8 housing pool as a landlord and want to know if any of you have had good or bad experiences. Do you recommend it? Why or why not?
I see green lights all the wa...
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I'm finding the vendors that the prooerty managers uses are expensive. I'm out of state. is it possible to manage the property from out of state?
I'm currently looking for bids for a new AC since their vendor charge...
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Hi everyone, currently own a 3-plex unit in Shreveport, La -- I am self-managing the property (my first one). My tenant is late on a payment and currently owes $700 rent + late fees for a total of $775. Today is the f...
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Hello all,Would love to hear your thoughts on whether there is a beach town that allows short term rentals in California, and where the following plan may make sense. We're looking to buy a property (most likely a con...
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So I just ran the numbers on a potential rehab property. Purchase = $310,000. Rehab = $80,000. ARV = $499,000.My profits before realtors commissions = $71,585. After deducting $29,940 of commissions, profits = $41,645...
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So I don't think it's any secret that things are starting to get more competitive in our markets. It's been next to impossible to find a deal on the MLS lately and then when I do, I'm competing with 20, 30, sometimes ...