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10 June 2020 | 10 replies
The last five, I write all the apt numbers the batch was used on and store it on site.
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29 July 2018 | 43 replies
The fact that the properties are held in an LLC automatically sends me to the commercial loan department and their less than desirable loan terms.
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1 September 2016 | 1 reply
I think if I ever invest further than I can drive, I will be sure to visit the area and talk with neighbors and store owners in the area.
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28 September 2016 | 7 replies
Don't forget you have to store it somewhere (HOA rules, etc.).
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19 September 2016 | 6 replies
Call a few local, mom and pop hardware stores to see if they'll replace the glass from the window pane.
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23 September 2016 | 12 replies
Where do you store 11 houses worth of furniture?
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20 September 2016 | 6 replies
So with his dream crushed, he ended up working for a food manufacturer, setting up displays in grocery stores.
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21 March 2017 | 18 replies
(Sorry in advance for the n00b question)The project has been at a stand still for 2-weeks and I have been bounced around from permitting department to plan review department to planning department without any luck.
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15 March 2017 | 2 replies
The report used U.S. census data and a Zillow survey of more than 13,000 home buyers, sellers, owners and renters.Of millennial buyers who moved in the last year, 64 percent stayed in the same city and just 7 percent moved to a different state, the Zillow study said.The Harvard study by its Joint Center for Housing Studies – which used data from the census and the Department of Housing and Urban Development as well as its own analysis – found most stereotypes associated with millennial homebuyers were not true.It said among the misconceptions were that millennials want to live in urban locations closer to employment, commercial and social centers; prefer the flexibility of renting; and are unwilling to take on the financial risks of ownership in the wake of the housing market collapse."
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13 February 2018 | 20 replies
And this using a 203K FHA loan in the brutal market of Boston, on the east side of the Port Norfolk bay area.Facts & Numbers:2 beds & 2 baths on each of the 3 unitsPurchased for $655K @ 5% down-payment and a generous dose of 203K closing feesTaken a 30K cushion for the 203K streamlined rehabLocked in 4.25% @ 30 year interest rateAppraised at 750KThe numbers are certainly not the exquisite definition of what a ground-breaking deal stands for, but they certainly fare decently well in this seller's market where cash investors rule, the inventory is constantly challenged and most properties are getting sold for over asking price, taking advantage of the current interest rates, the Everett Casino construction, and a few other speculative but pragmatic plays.Just like most everyone else that was not raised or surrounded by real estate professionals from a young age, this deal was pretty much riddled with small mistakes here and there, from neglecting the fire department smoke and carbon detector regulations, being over-optimistic on the underwriting guidelines, underestimating the cost opportunity due to all sorts of processing delays, and you name it.Currently free from tenants, the expectation is to add value by rehabilitating the under-developed basement, adding 2nd and 3rd floor balcony decks, and a variety of practical and aesthetic fixes.