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Jan 13, 2025 | 
theclose.com | Julia Del Rosario |Melanie Patterson
Performing a rental market analysis (RMA) is essential for understanding a property’s income potential. An RMA involves in-depth research on comparable rental properties—scrutinizing local amenities and calculating formulas that include average rental rates. This meticulous examination of data reveals whether a property is likely to generate positive or negative cash flow and aids in investment decisions.
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Dec 18, 2024 | 
theclose.com | Melanie Patterson
Have you noticed how real estate investing always gets more challenging with new laws, rules, and regulations? So, education is crucial for your success before you drop money down on properties. Have no fear; online courses allow you to conveniently access valuable resources and information to help you achieve your investing goals.
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Nov 26, 2024 | 
theclose.com | Jealie Dacanay |Melanie Patterson
Buying multiple rental properties requires the same steps as buying one—you’re still going to research the best spots and figure out how to manage your place effectively. However, you’re doing it on a larger scale, so you’ll need to be more organized and proficient to maximize your ROI. If you’re wondering how to buy multiple rental properties, the trick is to ensure your current properties are solid and well-established.
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Nov 25, 2024 | 
theclose.com | Melanie Patterson
If you’re fixin’ to get your Oklahoma real estate license, you’ve come to the right place. I cover how to become a real estate agent in Oklahoma, plus evaluate the top five Oklahoma real estate schools based on pricing, features, learning formats, and accessibility. So, let’s jump right in and get started. Do you already know how to get a license and are ready to get straight into the best schools in Oklahoma? I’ve got you covered! Click here to jump to the “Best Real Estate Schools” section below.
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Nov 25, 2024 | 
theclose.com | Julia Del Rosario |Melanie Patterson
Looking for your next big investment? You’re on the right page! Buying multifamily real estate is a smart way to build cash flow and a solid investment portfolio in a single transaction. In this “How to Buy a Multifamily Property” guide, I’ll walk you through deciding which type of multifamily property you want to purchase, picking the right lender, and running the numbers to ensure profitability. By the end, you’ll be confident and ready to dive into the multifamily market.
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Nov 25, 2024 | 
theclose.com | Jealie Dacanay |Melanie Patterson
Before diving into the exciting world of house flipping, starting with a solid foundation is essential. This means putting together a detailed business plan that covers everything from getting your operations set up and building your team to evaluating properties and securing funds for your projects. To make this easier, I have a free template and seven essential steps on how to start a house flipping business.
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Nov 25, 2024 | 
theclose.com | Julia Del Rosario |Melanie Patterson
Finding the right tenants for your rental can sometimes feel overwhelming. However, the process is much easier with a well-crafted rental application form template. A rental application form allows landlords to examine potential tenants’ creditworthiness and capacity to make on-time rent payments. From questions about living circumstances to employment history and income, this form looks at the applicant’s background to give you an idea of whether or not to pursue this person as a potential tenant.
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Nov 13, 2024 | 
theclose.com | Shannon Sharpe |Melanie Patterson
Wondering how to become a real estate agent in Virginia and unsure where to start? Finding the right online school can make all the difference in your licensing journey, setting you up for success from day one. I’ll break down the best five online real estate schools in Virginia, exploring what each one offers, their standout features, and how they fit into the state’s licensing requirements. Then, I’ll review the steps to get your Virginia real estate license.
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Nov 12, 2024 | 
theclose.com | Julia Del Rosario |Melanie Patterson
A duplex, a triplex, and a quadplex (or fourplex) are multi-unit properties offering opportunities for homeowners and investors. Whether you plan to live in one unit and rent the others or just want a steady stream of passive income from rentals, these multi-unit properties are versatile. They often qualify for financing with lower interest rates and down payments. I’ll differentiate duplexes, triplexes, and quadplexes, weigh the pros and cons, and provide alternative investment property options.
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Nov 12, 2024 | 
theclose.com | Aloun Khountham |Melanie Patterson
If you’re ready to start your real estate journey in the Green Mountain State, you’ve come to the right place. With its unique charm, rolling hills, and quaint towns all over, Vermont is one of those places where real estate is extremely appealing. Getting licensed here is a step towards guiding others through finding their perfect slice of Vermont.
