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6 March 2020 | 2 replies
He said he flipped a coin to decide whether or not to bring it.So he wants to borrow mine.
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30 March 2020 | 10 replies
Yes JJ I have the clear CO in the contract so definitely calling the seller and pushing it on him.I'll ask the reason to the city but I can already guess that this is environment related with oil leaks etc (at least they'd say so)
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12 March 2020 | 4 replies
I typically avoid properties that are not separately metered, because it's very difficult to control your expenses with those.I think trying to predict where property prices will go from here is like guessing if a coin will land on heads or tails.
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13 March 2020 | 2 replies
To follow up on what @Guifre Mora said, here are the main things I would look at since it is a 3 unit and a quick breakdown for analyzing it.IncomeRental income -Vacancy/Loss to lease (depends on area but 10% of income would be a good general figured to go with)Other income (if applicable, might have coin washers/dryers since it is near a college)Total IncomeExpensesProperty Management Fees (10% of income)Repairs and Maintenance (10-15% of income)Real Estate Taxes (can find on county's tax assessor's website)CapEX/Reserves (Can vary greatly based on condition of the property, roofs, HVAC, etc.
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30 November 2020 | 435 replies
During the aftermath when firefighters went into the building to check out the damage, they found dead people with their hands still holding onto the slot machine cranks (machines paid out in coins back then).
14 March 2020 | 2 replies
(Also agent let me know that utilities aren't separate and they all are one so he is paying for utilites and add in the contract to have him separate so tenants can pay their own before purchasing.)Property also has a coin op laundromat in the basement.
15 March 2020 | 8 replies
(Also agent let me know that utilities aren't separate and they all are one so he is paying for utilites and add in the contract to have him separate so tenants can pay their own before purchasing.)Property also has a coin op laundromat in the basement.
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20 March 2020 | 23 replies
On the other side of the coin, I am getting excited about potential deals that may become available if folks have to dump their properties to free up cash.
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21 March 2020 | 6 replies
So I figured they'd offer a temporary CO in the meantime.
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16 March 2020 | 6 replies
@Peter Lysiak based on my experience all items must be cured prior to issuing the CO. In